01 Feb CORRECTED-UPDATE 1-Ontario regulator revokes mortgage broker BDMC license after probe
TORONTO, Feb 2 (Reuters) – Ontario’s financial regulator
said on Friday it has revoked the license of mortgage brokerage
Building Development and Mortgages Canada Inc (BDMC) and Vince
Petrozza, a co-founder of a related firm, Fortress Real
Developments, following an investigation into risky syndicated
mortgage investments.
said on Friday it has revoked the license of mortgage brokerage
Building Development and Mortgages Canada Inc (BDMC) and Vince
Petrozza, a co-founder of a related firm, Fortress Real
Developments, following an investigation into risky syndicated
mortgage investments.
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