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FSRA imposes administrative penalties against 1813404 Ontario Corp. o/a CSI Mortgages and Hansel PatrickTORONTO, Feb. 22, 2024 /CNW/ - Ontario's financial services regulator, FSRA, has imposed administrative penalties in the amount of $9,000 against 1813404 Ontario Corp. o/a CSI Mortgages (CSI Mortgages) and $4,000 against Hansel Patrick (Patrick). CSI Mortgages contravened the Mortgage Brokerages, Lenders and Administrators Act, 2006 (Act) and its regulations by:
Patrick, as principal broker of CSI Mortgages, contravened the Act by:
FSRA issued these Orders as a result of settlements with CSI Mortgages and Patrick. Learn more: Access our enforcement database to see how FSRA is working to protect consumers through its monitoring and enforcement activities. For media inquiries: Russ Courtney SOURCE Financial Services Regulatory Authority of Ontario |