video1.0<iframe src="https://www.loom.com/embed/55209dea4c924fe0bcd07d26c45a72c3" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/55209dea4c924fe0bcd07d26c45a72c3-98182c7b301d9529.gif3676.96This Loom provides a high level overview of BCs Mortgage Services Act transition and what mortgage brokers need to do before October 13. It stresses the urgent education deadlines: register by September 8 for courses that must be completed by September 22, otherwise the course fee can increase from $175 to $700 and you will not be licensed to provide mortgage services on or after October 13. The session also covers key changes for disclosure processes, including new prescribed forms and four disclosure packages based on whether the borrower and lender are represented or unrepresented, plus updated rules for dual agency and managing in flight files. Forms such as 1A, 1B, 2A, and the package approach are highlighted, with guidance that some pre existing disclosures like Form 10 do not need to be recollected if already provided before the MSA launch.