#ontarioregulator

MalayalisNearMe Official

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๐Ÿ‘‰Forest 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.โœ… . ๐’๐ž๐œ๐ฎ๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐๐ž๐ž๐ง๐š ๐•๐š๐ซ๐ ๐ก๐ž๐ฌ๐ž, ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ'๐ฌ ๐ฆ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐ž๐ฑ๐ฉ๐ž๐ซ๐ญ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ’๐Ÿ‘๐Ÿ•) ๐Ÿ—๐Ÿ–๐Ÿ-๐ŸŽ๐Ÿ–๐ŸŽ๐Ÿ’ @neena.robin . . #MortgageBrokerage #London #OntarioRegulator #FinancialServices #Investigation #ForestCityFunding #WilliamHandsaeme #mnm #malayalisnearmeapp #canadaupdate #canadanews

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1 month ago

MalayalisNearMe Official

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๐Ÿ‘‰Despite regulatory changes mandating refunds for flights cancelled due to reasons beyond airlines' control, some Canadians still face rejection of reimbursement requests. A recent ruling found a couple ineligible for a refund as they cancelled their flight, which the airline had already scrapped due to COVID-19. The couple remains out of pocket by about $4,000. The complaints backlog at the transportation agency has grown to approximately 71,000, leading to drawn-out processes. Critics argue that withholding refunds during the pandemic, when flights were cancelled en masse, was unfair to consumers.โœ… . ๐‘๐ž๐š๐ฅ ๐„๐ฌ๐ญ๐š๐ญ๐ž ๐‹๐š๐ฐ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐‹๐š๐ฐ ๐‚๐ซ๐ข๐ฆ๐ข๐ง๐š๐ฅ ๐‹๐š๐ฐ ๐’๐ข๐ฆ๐ฆ๐ข ๐‚๐ก๐š๐œ๐ค๐จ ๐๐ซ๐ข๐ง๐œ๐ข๐ฉ๐š๐ฅ ๐‹๐š๐ฐ๐ฒ๐ž๐ซ, ๐‚๐ก๐š๐œ๐ค๐จ ๐‹๐š๐ฐ ๐Ÿ“ฒ+๐Ÿ ๐Ÿ’๐Ÿ๐Ÿ”-๐Ÿ“๐ŸŽ๐Ÿ—-๐Ÿ—๐Ÿ“๐ŸŽ๐Ÿ– ๐Ÿ“ง๐ฌ๐ข๐ฆ๐ฆ๐ข@๐œ๐ก๐š๐œ๐ค๐จ๐ฅ๐š๐ฐ.๐œ๐š @chackolaw.ca . . #FlightRefunds #AirTravel #ConsumerRights #TransportationAgency #PandemicImpact #FlightCancellations #OntarioRegulator #mnm #malayalisnearmeapp #canadaupdate #canadanews

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1 month ago

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