In a letter to The Registrar of Mortgage Brokers, the MBABC is voicing its disagreement with upcoming changes around fee disclosure requirements in British Columbia.
“… we feel compelled to convey concerns expressed by our members. The sentiment is that government should consider changes such as the ones proposed openly and transparently,” Samantha Gale, CEO of the Mortgage Brokers Association of B.C. said in the letter. “As well, the process should include proper consultation from stakeholders (properly representative stakeholders where full consultation is not practical).
“The need for the change and the legal authority for making the change should be made evident. Members have expressed concern that this has not been done in this case.”
Justin da Rosa Mortgagebrokernews.ca – October 16, 2015.