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.
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Port Saunders RCMP looking to arrest 33-year-old Tyler James Melvyn Bennett
Charges upgraded now that a young boy has died after being struck by a vehicle in St. John's
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Corner Brook submits plan for federal funding to help with the costs of paving roads
