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.
Norris Point man and Corner Brook woman caught with cocaine near Howley this week
Two men arrested, one with a Canada Wide warrant, with drugs, cash and more in Corner Brook last night
Military munition found in Bay St. George has been safely disposed of at a secure location
Moose fencing coming on the TCH from Glide Lake Road to Little Harbour
Government calls for a seven-day food fishery for us all
