March 5, 2013
As a result of recent complaints, the Financial Services Commission of Ontario (FSCO) is reminding consumers that Glenn Whitter is not licensed to do mortgage brokering business in Ontario.
FSCO would like to hear from any consumers who have done mortgage brokering business with Mr. Whitter or one of the companies that he is affiliated with.
If consumers arrange a mortgage from a mortgage brokerage, broker or agent that is not licensed in the province, they are not protected under the Mortgage Brokerages, Lenders and Administrators Act, 2006 , which holds Ontario’s mortgage brokerages, administrators, brokers and agents to specific standards.
A licensed Ontario mortgage brokerage, administrator, broker or agent can provide information and advice on the risks involved in borrowing, lending or investing for different mortgage products.
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