Centum Your Choice Mortgages Ltd - Brokerage Licence Cancelled
Calgary, Alberta – On January 4, 2011, pursuant to s. 35(2)(b) or (c) of the Real Estate Act Rules, the executive director of the Real Estate Council of Alberta cancelled the brokerage license of Centum Your Choice Mortgages Ltd. because no broker was operating the brokerage.
As a result of this license cancellation, Centum Your Choice Mortgages Ltd. no longer deals in mortgages as a mortgage brokerage in Alberta.
The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry members.