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.
Gas up by 12.4 cents, diesel 26.7 cents in extraordinary adjustment
Driver in hospital and two people injured after car crashes through Hew and Draw
Close to 62 percent of people diagnosed with dementia are women
Camber Arts students perform "The Prom" at the Arts and Culture Center, complete with 12 piece band
Vehicle crashes through front of Hew & Draw hotel
