Mortgage broker commissions spark heated debate

Date:

B.C.’s mortgage brokers are up in arms at a proposal by the province’s financial institutions regulator to force them to disclose the exact amount of their commissions to clients.

The Financial Institutions Commission (FICOM) claims enhanced conflict-of-interest rules are needed to protect consumers in B.C.’s superheated real estate market.

Read full article here.

JASON PROCTOR – CBC News – January 15, 2016.

 

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