D-9.2, r. 10 - Regulation respecting the pursuit of activities as a representative

Section 9.6 Disposition versions

2020-05-01

9.6. A mortgage broker must forthwith make a written disclosure of the following information to the client:

(1)  separately, the number of lenders that made loans secured by immovable hypothec for which:

(a)  he engaged in a brokerage transaction in the previous 12 months; and

(b)  the firm or independent partnership on behalf of which he acts, if applicable, engaged in a brokerage transaction in the previous 12 months;

(2)  the name of the lender that, if applicable, made more than 50% of the total number of loans secured by immovable hypothec or loan renewals for which the mortgage broker, or the firm or independent partnership on behalf of which the mortgage broker acts, engaged in a brokerage transaction in the previous 12 months.

M.O. 2020-04, s. 4.