FSCO continues to crack down on unlicensed financial companies attempting to circumvent the use of mortgage brokers by dealing directly with the public.
“The Financial Services Commission of Ontario (FSCO) is warning consumers that S.S.F Consultants is not licensed to do mortgage brokering business in Ontario,” FSCO states in an official release. “This company has been soliciting mortgage business from the public, dealing, trading and lending in mortgages, through their website, http://ssfconsultants.ca/.”
However, according to the company’s website, it offers fee-based comparison and referral services as referring clients to insurance, real estate, loans, accounting, and other professional services.
Mortgage Brokers News.ca – Justin da Rosa – 22 Apr 2015.
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