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We would like to thank our members for their invaluable feedback regarding the Real Estate Council of Alberta’s (RECA) consultation paper, Mortgage Brokerage – Proposed Standards of Practice and Rule Changes.
The paper includes proposed amendments to standards of practice and rule changes affecting mortgage brokers in the province and your feedback and participation were vital in supporting our collective position.
The submission provides constructive feedback on how to improve the proposals by increasing both efficiencies and consumer protection with a focus on the following key areas:
