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 cocaine, MDMA, contraband cigarettes and cash during a search on a Corner Brook home this morning
Details coming Monday on the removal of MSC Baltic III from Cedar Cove
RCMP issue warning after dangerous synthetic opioid found in NL for the first time
61st annual Silver Blades Ice Show is tomorrow night at the Corner Brook Civic Centre
Corner Brook MHA concerned budget had nothing for family care team at the old hospital and YMCA daycare
