Mortgage Brokerage - Proposed Standards of Practice and Rule Changes
Mortgage Brokerage Proposed Standards of Practice and Rule Changes
The Real Estate Council of Alberta (RECA) is reviewing mortgage brokerage standards and Rules to enhance consumer protection, ensure our standards of practice are strong, and to document current practices in the mortgage brokerage industry. We want to know what our stakeholders think of the proposed changes.
In February 2018, RECA posted the Mortgage Brokerage Proposed Standards of Practice and Rule Changes Consultation Paper. The formal consultation period for this initiative ended on May 9, 2018. RECA is reviewing the feedback it received. Plesae watch for future updates.