KM Financial Solutions | CORRECTED-UPDATE 1-Ontario regulator revokes mortgage broker BDMC license after probe
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CORRECTED-UPDATE 1-Ontario regulator revokes mortgage broker BDMC license after probe

CORRECTED-UPDATE 1-Ontario regulator revokes mortgage broker BDMC license after probe

TORONTO, Feb 2 (Reuters) – Ontario’s financial regulator
said on Friday it has revoked the license of mortgage brokerage
Building Development and Mortgages Canada Inc (BDMC) and Vince
Petrozza, a co-founder of a related firm, Fortress Real
Developments, following an investigation into risky syndicated
mortgage investments.

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