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A termination is a process that must be completed by the Designation Individual on behalf of the submortgage broker.
To complete a termination, you will need:
- The name of the submortgage broker who is terminating their Registration;
- The reason for the termination; and
- The effective date of termination.
When you are ready with the information required to make a termination, log in to IRIS, create a New Submission, select Terminate Submortgage Broker, and follow the prompts to complete the process.