Enforcement Activities – Mortgage Administrators

A Mortgage Administrator is a business that is licensed to receive mortgage payments from borrowers and send them to investors. Mortgage Administrators also take steps on behalf of investors to enforce mortgage payments.

Note: See Enforcement Online to view enforcement actions FSCO has taken in other regulated sectors: insurance, credit unions & caisses populaires, and loan & trust corporations.

Search name

Last Name, First Name and/or Company Name	Registrant / EntityType	Current Licence Status	Enforcement Action	Action Date
Money Gate Corp.	Mortgage Administrators	View Details	Order to Revoke	Sep 02, 2021
Tri City Fund Management Ltd.	Mortgage Administrators	View Details	Order to Revoke	Aug 13, 2021
Bridlepath Capital Corporation	Mortgage Administrators	View Details	Order to Revoke	Aug 13, 2021
Independent Mortgage Advisors Inc.	Mortgage Administrators	View Details	Administrative Monetary Penalty	Jan 21, 2021
Harbour Funding Inc.	Mortgage Administrators	View Details	Administrative Monetary Penalty	Jan 13, 2021
Bridlepath Capital Corporation	Mortgage Administrators	View Details	Administrative Monetary Penalty	Jan 13, 2021
Tri City Fund Management Ltd.	Mortgage Administrators	View Details	Administrative Monetary Penalty	Jan 13, 2021
Dili Capital Corp.	Mortgage Administrators	View Details	Administrative Monetary Penalty	May 26, 2019
Good Grade Capital Incorporated	Mortgage Administrators	View Details	Administrative Monetary Penalty	May 26, 2019
2537995 Ontario Inc.	Mortgage Administrators	View Details	Administrative Monetary Penalty	May 26, 2019
Prestomortgages Inc. / Centum Presto Mortgages	Mortgage Administrators	View Details	Administrative Monetary Penalty	May 26, 2019
2407826 Ontario Limited	Mortgage Administrators	View Details	Administrative Monetary Penalty	May 26, 2019
BYM Management Inc.	Mortgage Administrators	View Details	Administrative Monetary Penalty	May 26, 2019
Grand Mortgage Investment Corporation	Mortgage Administrators	View Details	Administrative Monetary Penalty	May 10, 2019
Clarity Mortgage Administration Inc.	Mortgage Administrators	View Details	Administrative Monetary Penalty	May 10, 2019
SD Capital Management Ltd.	Mortgage Administrators	View Details	Administrative Monetary Penalty	Jan 25, 2019
Money Gate Corp.	Mortgage Administrators	View Details	Extension of Interim Order to Suspend Licence	Dec 28, 2018
Money Gate Corp.	Mortgage Administrators	View Details	Interim/Suspension	Dec 13, 2018
Elle Mortgage Corporation	Mortgage Administrators	View Details	Administrative Monetary Penalty	Jul 12, 2017
Sub-Prime Mortgage Corporation	Mortgage Administrators	View Details	Administrative Monetary Penalty	Jul 12, 2017
Lexxco Investment Services Corporation	Mortgage Administrators	View Details	Order to Revoke	Jun 30, 2017
Keystone Financial Services	Mortgage Administrators	View Details	Order to Revoke	Jan 12, 2017
Royal Capital Finance Ltd.	Mortgage Administrators	View Details	Order to Revoke	Mar 03, 2014
Sussman, Murray	Mortgage Administrators	View Details	Administrative Monetary Penalty	Jul 24, 2013
Royal Capital Finance Ltd.	Mortgage Administrators	View Details	Administrative Monetary Penalty	Nov 23, 2012
Lexxco Investment Services Corporation	Mortgage Administrators	View Details	Order to Freeze Assets and Trust Funds	Sep 13, 2011
Lexxco Investment Services Corporation	Mortgage Administrators	View Details	Suspension	Sep 08, 2011
Lexxco Investment Services Corporation	Mortgage Administrators	View Details	Interim/Suspension	Jul 29, 2011
Lexxco Investment Services Corporation	Mortgage Administrators	View Details	Order to Freeze Assets and Trust Funds	Jul 29, 2011
Lewis, André	Mortgage Administrators	View Details	Order to Freeze Assets and Trust Funds	Jul 29, 2011
Prince Bay Financial Inc.	Mortgage Administrators	View Details	Order to Revoke	Dec 02, 2010
Whitter, Glenn	Mortgage Administrators	View Details	Prosecution - Unlicensed Activity