Final answer:
Mortgage agents in Ontario are allowed to work for only one brokerage at a time as per the Mortgage Brokerages, Lenders and Administrators Act (MBLAA), to avoid conflicts of interest. Option a
Step-by-step explanation:
Under the Mortgage Brokerages, Lenders and Administrators Act (MBLAA), mortgage agents in Ontario are governed by certain regulations pertaining to their employment. One key regulation is the number of brokerages a mortgage agent can work for at a given time.
According to the MBLAA, a mortgage agent is only allowed to be employed by one brokerage at any given time. This limitation is designed to avoid conflict of interest and to ensure that agents provide loyal and dedicated service to the brokerage they represent. Option a