๐Forest City Funding Inc., a major London-based mortgage brokerage, and its president, William Handsaeme, are under investigation by the Ontario regulator. The Financial Services Regulatory Authority alleges that Handsaeme provided false information and documents while brokering mortgages, accusing the company of facilitating dishonesty. The two-year probe into Forest City Funding's business dealings led to these allegations. Handsaeme, who was recently inducted into the 2022 Hall of Fame by the CMP, could face license suspension and a $10,000 fine, while the company might face a $100,000 penalty. Forest City Funding brokered over $2 billion worth of mortgages for 5,700 clients in 2022.โ . ๐๐๐๐ฎ๐ซ๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐๐๐ฆ ๐ก๐จ๐ฆ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐๐ง๐ ๐๐๐ซ๐ ๐ก๐๐ฌ๐, ๐๐ง๐ญ๐๐ซ๐ข๐จ'๐ฌ ๐ฆ๐จ๐ซ๐ญ๐ ๐๐ ๐ ๐๐ฑ๐ฉ๐๐ซ๐ญ. ๐๐๐ฅ๐ฅ: +๐ (๐๐๐) ๐๐๐-๐๐๐๐ @neena.robin . . #MortgageBrokerage #London #OntarioRegulator #FinancialServices #Investigation #ForestCityFunding #WilliamHandsaeme #mnm #malayalisnearmeapp #canadaupdate #canadanews
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