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.
RCMP in the Corner Brook area looking to arrest Adam Angus Waterman
Corner Brook waiting on today's budget for the paving program and fixing pot holes
Corner Brook MHA highlights the ten-year old Ambassador Program, creating lasting memories for tourists
Government grant available for children with disabilities to go to summer camp
Corner Brook city hall waiting on tomorrow's provincial budget for funding announcements
