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FORM 6 DISCLOSURE STATEMENT (i) (Pursuant to the Mortgage Brokers Act) 1 Principal amount of mortgage is $................. 2 Deduct: (a) Bonus or discount paid by borrower $................. (b)
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What is mortgage brokers act regulations?
The mortgage brokers act regulations are rules and guidelines set by the government to regulate the activities of mortgage brokers in the industry.
Who is required to file mortgage brokers act regulations?
Mortgage brokers and companies that operate in the mortgage industry are required to file the act regulations.
How to fill out mortgage brokers act regulations?
To fill out the mortgage brokers act regulations, one must provide detailed information about their business operations, financial activities, and compliance with industry standards.
What is the purpose of mortgage brokers act regulations?
The purpose of mortgage brokers act regulations is to protect consumers, ensure fair practices in the mortgage industry, and maintain the integrity of the financial market.
What information must be reported on mortgage brokers act regulations?
Information such as business operations, financial activities, compliance with regulations, and any complaints or disciplinary actions must be reported on mortgage brokers act regulations.
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