According to advertising requirements under the MBMA Act, what must be included in all advertising materials?

Prepare for the Saskatchewan Mortgage Associate Exam with comprehensive questions and flashcards. Study effectively using multiple choice questions and hints to enhance understanding. Be exam-ready!

In accordance with the advertising requirements under the Mortgage Brokerage and Mortgage Administration Act (MBMA Act), it is mandatory for all advertising materials to include the name of the brokerage and its license number. This requirement ensures that consumers can easily identify the brokerage responsible for the mortgage services being advertised and verify its legitimacy through its licensing. Compliance with these advertising regulations fosters transparency and trust in the mortgage industry, helping clients make informed decisions.

Including the brokerage's license number also provides a layer of accountability and assures potential clients that the brokerage operates under the rules and regulations set forth by the governing bodies. In this way, consumers are guided to recognize legitimate services and understand the regulatory framework that governs mortgage transactions.

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