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 find drugs, guns, weapons, cash and more in Rocky Harbour; two men facing charges
Government wants higher fines to protect wildlife and no licenses for 5 years for anyone convicted
MUN Student Union to pull funding from their 75-year-old radio station, CHMR, effective June 1st
Corner Brook moves back dates for annual spring cleanup to May4th-29th due to long winter
RCMP NL looking for people to join their Black Engagement Steering Committee
