What filing/reporting requirements must be met on July 1, 2008?
Starting July 1, 2008, each Mortgage Administrator is required to: • File an annual information return on or before March 31 of each year through FSCO’s Licensing Link website. Note: As of March 2009, FSCO will have a fillable form for annual returns available on its website. • File the following documents within 90 days of each fiscal year end: • Audited financial statements for the year; • A report by the auditor about the books, records and accounts; and • A report by the auditor about the trust account, assets and liabilities under administration for the year. • Notify FSCO within five days of the following changes via the Licensing Link website. • Any changes to the Mortgage Administrator’s contact information, address, principal place of business and any offices that are open to the public; • Any changes to the Mortgage Administrator’s directors, officers, or partners; and • Immediately notify FSCO’s Licensing & Registration Analysis Unit in writing of the following: • Any cancel
