IN THE MATTER OF the Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O. 2006, c.29, as amended (the “Act”), in particular sections 18 and 21;
AND IN THE MATTER OF Margaret (Marg) Green
Margaret (Marg) Green (“Green”) is licensed as a Mortgage Broker (licence #M08005448) under the Act. She has been licensed since at least July 1, 2008. Her license is scheduled to expire on March 31, 2026.
On February 12, 2026, by delegated authority from the Chief Executive Officer of the Financial Services Regulatory Authority of Ontario (the “Chief Executive Officer”), the Director, Litigation and Enforcement (the “Director”) issued a Notice of Proposal to suspend the mortgage broker licence issued to Green.
The Notice of Proposal was served on Green on February 16, 2026. Section 21(3) of the Act provides that any person on whom a Notice of Proposal is delivered has fifteen (15) days after the Notice of Proposal is given to request a hearing by the Financial Services Tribunal (the “Tribunal”).
On March 5, 2026, the Registrar of the Tribunal confirmed that Green did not request a hearing by the Tribunal in accordance with section 21(3) of the Act respecting the Notice of Proposal. Therefore, pursuant to section 21(7) of the Act, the Director makes the following order.
The mortgage broker licence (licence #M08005448) issued to Margaret (Marg) Green is hereby suspended, for the reasons set out in the Notice of Proposal.
DATED at Toronto, Ontario, March 6, 2026.
Original signed by
Elissa Sinha
Director, Litigation and Enforcement
By delegated authority from the Chief Executive Officer
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