It will implement a licensing framework for industry and introduce education and continuing education requirements.
Stronger rules for the mortgage broker industry in Newfoundland and Labrador are coming into effect on April 1st, 2025. It will implement a licensing framework for industry and introduce education and continuing education requirements. As well, it will require the industry to have errors and omissions insurance, and Require mortgage brokerages will be required to maintain trust accounts. This will strengthen client disclosure requirements and authorize administrative penalties for the industry. The new Mortgage Brokerages and Brokers Act and Regulations provides greater protection and reassurance for people using mortgage brokering services.
Corner Brook RNC looking for Jason Benoit, missing since yesterday afternoon
8-year-old boy riding an e-scooter was struck by a vehicle in Corner Brook on Wednesday
Petition circulating after Kruger spilling water at Grand Lake blocks traffic on the T'railway near Howley
Bay du Nord public information session coming to Corner Brook next week
Police stress safety in light of expected increased traffic on the water with the food fishery and warmer weather
