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.
Woman clocked doing 156 km/hr in a 100 zone and an ATV operator with a suspended license ticketed
National Day of Mourning was "personal" for Minister Mike Goosney
Blomidon Golf Club hoping to tee off by the end of May
Lower taxes, health care and safe communities highlighted the provincial budget yesterday
Consultant chosen for the Curling/Westside Reservoir and Transmission Main project
