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.
Police presence underway at Lewin Parkway and Pratt Street in Corner Brook
An 80-year-old woman is dead after a motor vehicle accident in Bay St. George
Premier says about $400K in American booze inventory is going back on the shelves for sale
Speedy Glass Red Bags initiative raises tens of thousands for local foodbanks since starting in 2019
Premier Tony Wakeham shuffles cabinet to get ready for the next phase
