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.
Deer Lake RCMP looking to arrest Bradley Adams, who may be in the St. John's area
"Bumps in the road" expected when Corner Brook rolls out new garbage collection program on Monday
Career workshop for women at Vine Place Community Centre in Corner Brook next week
Western Driving School's donation provides for 400 breakfasts at two west coast schools
Final change orders on Mount Bernard Reconstruction project tally more than $1.2 million
