There has been much discussion recently about the proposed changes to the form 10 by FICOM, British Columbia’s regulator. Many of the industry leaders including Lenders, Originators and Associations have come together to discuss the consequences of these potential changes.
First off, this is not a Commission disclosure issue. We all universally agree that transparency, regulating meaningful disclosure and enforcement are critically important for our Industry and for the public at large.
We believe that FICOM proposed changes to the Form 10 are with their best intentions in mind and these intentions are for consumer protection.
Gary Mauris – Mortgagebrokernews.ca – November 24, 2015.
Want More Investigative Content?
