Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Do banks need to disclose the same information as Mortgage Brokerages to clients?

April 26, 2017Banks brokerages clients disclose mortgage

0

Posted

Do banks need to disclose the same information as Mortgage Brokerages to clients?

1 Answer

0

Posted

Banks are not governed by the Mortgage Brokerages, Lenders and Administrators Act, 2006. You may wish to contact the Financial Consumer Agency of Canada to learn about disclosure rules for banks.