Mortgage Broker

Fall 2015

Mortgage Broker is the magazine of the Canadian Mortgage Brokers Association and showcases the multi-billion dollar mortgage-broking industry to all levels of government, associated organizations and other interested individuals.

Issue link: http://digital.canadawide.com/i/604050

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MORTGAGEBROKER mbabc.ca fall 2015 | 5 16 Is a Mortgage Broker a Fiduciary? By Samantha Gale 27 What You're Saying B.C. mortgage brokers weigh in on compensation disclosure 31 No Registration, No Commission A non-registrant is not entitled to be paid a commission — usually By Ray Basi 33 Being Overly Interested Can Be a Bad ing How charging too much interest could cost you money and freedom By Ray Basi 38 Protect Privacy or Pay the Price Failure to safeguard a customer's personal info can trigger an expensive judgment By Ray Basi contents 20 Indecent Disclosure Revealing broker compensation fails to benefit — and actually harms — mortgage consumers By Samantha Gale features VO LU M E 2 1 I S S U E 4 FA L L 2 0 1 5 departments 10 Board of Directors 13 Welcome to our New Members 15 Letters to the Editor: Views on current topics columns 7 Report from the CEO 8 Report from the President 44 Legal Ease

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