The applicant sought a new mortgage broker's licence 14 months after her previous licence was revoked for submitting false income information on mortgage applications.
The Superintendent issued a Notice of Proposal to refuse the application.
At the hearing, the applicant argued that domestic violence was the root cause of her past misconduct and that her circumstances had materially changed.
The Tribunal found that the domestic violence evidence was available at the original hearing and did not excuse the fraudulent conduct.
Furthermore, the Tribunal concluded that the applicant had not demonstrated a full understanding of the seriousness of her past actions, as she continued to minimize her misconduct to investigators and prospective employers.
The Superintendent's proposal to refuse the application was upheld.
