When the provincial watchdog in charge of mortgage brokers concluded that a Chilliwack broker had altered a client’s tax documents as part of an application for financing, the offender agreed last month to pay $4,000 and was kicked out of the industry for 10 years.
The penalty stands in stark contrast to a similar case involving a real estate agent who admitted to forging a client’s signature.
MIKE HAGER – Globe and Mail – April 19, 2016.