Seeking expert advice from the mortgage brokering sector

Ontario’s financial services regulator, FSRA, is committed to being open, transparent and collaborative, ensuring stakeholders have broad input into our policy development and decision making.

“We value stakeholders’ input because it is a critical part of our of regulatory and decision making process,” said Antoinette Leung, Head, Financial Institutions and Mortgage Brokerage Conduct.

Part of this approach includes seeking advice from members of FSRA’s technical advisory committees (TACs).

The regulator recently welcomed three new members to its TAC for mortgage brokering:

  • Daniel Vyner, DV Capital
  • Kate Wybrow, FCT Insurance
  • Sona Shah, Spergel Licensed Insolvency Trustees Inc. (consumer advocate)

FSRA is also pleased to announce the reappointment of Alex Leduc of Mortgauge Brokerage Incorporated (operating as Perch Mortgage Brokerage).

“Industry experts bring considerable knowledge and key insights into the quickly evolving mortgage brokering sector,” said Leung. “By collaborating with experts, we are taking steps toward greater consumer protection and higher standards of business conduct.”

Members will serve for a three-year term between 2024-2026. They were selected based on their experience and qualifications after a public call for members.

FSRA thanks outgoing members Marie Taylor, Neil Gross and Victoria Joly for their service and contributions.

FSRA also thanks all applicants for the time, effort and passion required to put their name forward for consideration.

The TAC’s next meeting will take place on June 4, 2024. We look forward to sharing updates on our progress.

Review the Terms of Reference to learn more about the TAC’s mandate and selection criteria.

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FSRA continues to work on behalf of all stakeholders, including consumers, to ensure financial safety, fairness, and choice for everyone.

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