Ontario’s HPA: What the New NOSI Rules Mean for Mortgage Brokers and Lenders
Ontario’s Homeowner Protection Act (HPA) took effect on June 6, 2024. It changes how certain notices can appear on a home’s title and removes a common source of last-minute surprises in mortgage deals. If you arrange mortgages or fund them, this matters because these notices used to slow down closings, create borrower stress, and sometimes […]
Strong Borders Act AML reforms — what mortgage lenders and brokers in Canada need to know
Canada’s anti-money laundering (AML) rules just got sharper teeth—and mortgage lenders and brokers are squarely in the spotlight. Over the past two years, the federal government has moved from signalling major AML reform to enacting it. In 2024, the government previewed a significant strengthening of Canada’s AML framework. That preview became a concrete legislative proposal […]