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.
Steady Brook residents living near the river advised to keep an eye on properties as water levels increase
Corner Brook residents have until May31st to report lawn damage done by snow plows
Police looking for the owner of a SUV seen turning into a parking lot in Stephenville on April 24th
It's National Police Week and Justice Minister highlights new Special Constable Pilot Program with the RNC
Fox's General Store in Curling transitioning to seasonal operation this fall
