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.
NL Hydro issues power warning for Saturday morning
Woman dies from injuries in an ATV incident that happened Tuesday near Fairhaven
Contractor ready to repair bridge in front of Deer Lake Power, Mayor says replacement will start this year
More money to help long-term care and support clients with vision care
Website launched so NL residents can have a say about Churchill Falls and the MOU with Hydro-Quebec
