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.
Deer Lake RCMP recommending residents lock vehicles and safeguard valuables
Delay in mail delivery leads to tax payment extension for seniors in Corner Brook
Qalipu First Nation to present "Winter Village" end of February and everyone is invited
Local media gets close view of grounded cargo vessel in Lark Harbour, in Cedar Cove since February 15th
4 calls in 4 weeks for Bay of Islands Volunteer Search and Rescue
