The Financial Services Regulatory Authority of Ontario (FSRA) is responsible for supervising and regulating a broad range of financial service sectors. FSRA issues guidance to make it easier for the public, new entrants and incumbents to understand what is legally binding, what is FSRA’s interpretation or application of law and what information is designed to be helpful. All guidance is issued in accordance with FSRA's Guidance Framework.

When FSRA assumed the regulatory duties of the Financial Services Commission of Ontario (FSCO) and the Deposit Insurance Corporation of Ontario (DICO), it inherited all guidance issued by these legacy regulators. FSRA conducted an initial review of this material to identify which guidance needs to remain active. Through this process, FSRA reduced its total active guidance by approximately 40 per cent.

Guidance Search

Active and Inactive Guidance - Mortgage Brokering

Showing 1 to 44 of 44 entries
Status Guidance Name Guidance Number Date Deactivated Reason for Deactivation
Active Mortgage Brokerage Disclosure and Suitability Assessments for Non-Qualified Syndicated Mortgage Investments (NQSMIs) – Responses to Market Disruptions (for Transactions on or after July 1, 2021) *New MB0043INT
Active Supervision Approach for Non-Qualified Syndicated Mortgage Investments with Permitted Clients and Legacy Non-Qualified Syndicated Mortgage Investments (July 1, 2021) *New MB0041APP
Active Mortgage Brokerage Disclosure and Suitability Assessments for Non-Qualified Syndicated Mortgage Investments (NQSMIs) – Responses to Market Disruptions (for Transactions prior to July 1, 2021) *New MB0040INT
Active Amended Disclosure Forms 3.0, 3.1 and 3.2 for Non-Qualified Syndicated Mortgages (for Transactions prior to July 1, 2021) *New MB0038INT
Active Supervision Approach for High-risk Syndicated Mortgage Investments (for Transactions prior to July 1, 2021) *New MB0037APP
Active Mortgage Administrators – Responses to Market Disruptions MB0039INT
Active Amended Disclosure Forms 3.0, 3.1 and 3.2 for Non-Qualified Syndicated Mortgages MB0038INT
Active Supervision Approach for High-risk Syndicated Mortgage Investments MB0037APP
Inactive Checklist on Detecting and Preventing Mortgage Fraud MB0010ORG 2020-21 Q3

Expired/Not Applicable

Active Compliance Checklist for Mortgage Administrators MB0011ORG
Active Compliance Checklist for Managing the Mortgage Brokerage MB0012ORG
Active Compliance Checklist for Mortgage Brokerages, Brokers & Agents MB0013ORG
Active Compliance Checklist for Managing the Mortgage Administrator, Keeping Records and Trust Accounts MB0014ORG
Inactive Checklist on Detecting and Preventing Mortgage Fraud MB0015ORG 2020-21 Q3

FSCO information will be moved to FSRA website

Inactive FAQs on FSCO's Checklist on Detecting and Preventing Mortgage Fraud MB0016ORG 2020-21 Q3

Expired/Not Applicable

Inactive MFDA and FSCO issue joint communication concerning the selling of syndicated mortgage investments MB0017ORG 2020-21 Q3

Merged with MB0006ORG – Supervision Approach for Non-Qualified Syndicated Mortgage Investments with Permitted Clients and Legacy Non-Qualified Syndicated Mortgage Investments

Active Errors & Omissions Insurance Requirements MB0018ORG
Active Frequently Asked Questions for the Mortgage Broker Industry MB0019ORG
Active FAQ on Business Requirements MB0020ORG
Active Mortgage Administrator Licence Application - Instructions for completing the application MB0021ORG
Active Mortgage Brokerage Licence Application - Instructions for completing the application MB0022ORG
Active Mortgage Brokering Forms MB0023ORG
Inactive Checklists for Non-Qualified Syndicated Mortgage Forms effective July 1, 2018 MB0024ORG 2020-21 Q3

Expired/Not Applicable

Inactive FAQs on FSCO's Forms Relating to Non-qualified Syndicated Mortgage Transactions MB0025ORG 2020-21 Q3

Information now available on FSRA website

Active Mortgage Broker and Mortgage Agent Education MB0026ORG
Active How to Resolve a Complaint About a Mortgage Brokerage, Broker, Agent or Administrator MB0027ORG
Active Education FAQ - Mortgage Brokering Industry MB0028ORG
Active Existing Mortgage Brokerages and Administrators MB0029ORG
Active Government of Canada Resources MB0030ORG
Active Legislation: Act & Regulations MB0031ORG
Active Licensing FAQ MB0032ORG
Active Applying for a New Licence MB0033ORG
Active Mortgage Brokering Sector Compliance Reviews MB0034ORG
Active Reporting Requirements for Mortgage Administrators MB0035ORG
Active Webinar Resources MB0036ORG
Inactive 2017 Annual Information Return Results Summary Report MB0001ORG 2020-21 Q3

FSCO information will be moved to FSRA website

Inactive AIR Summary Results for Previous Years MB0002ORG 2020-21 Q3

FSCO information will be moved to FSRA website

Inactive FAQs on Annual Information Returns and Financial Statements MB0003ORG 2020-21 Q3

FSCO information will be moved to FSRA website

Inactive Annual Information Returns MB0004ORG 2020-21 Q3

Information now available on FSRA website

Inactive Mortgage brokerages and administrators: How to check/update your contact information, and file the Annual Information Return (AIR) MB0005ORG 2020-21 Q3

FSCO information will be moved to FSRA website

Active Requirements for Promoting Syndicated Mortgage Investments MB0006ORG
Active Your responsibilities to prevent mortgage fraud MB0007ORG
Inactive Changes to syndicated mortgage rules: New FSCO forms available MB0008ORG 2020-21 Q3

Expired/Not Applicable

Inactive Policies and Procedures -- Non-qualified Syndicated Mortgages MB0009ORG 2020-21 Q3

Expired/Not Applicable