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.
24-year-old driver is dead after a crash near Purcell's Harbour
UPDATED: Corner Brook RNC looking for Joshua Roberts and Todd Barry for an assault on Crestview Avenue
Junction Trail Blazers Snowmobile group hosting 'King of the Humber" race in Deer Lake tomorrow
Massey Drive's "Winterfest" is back with lots of family fun this weekend
Robinsons resident says "no work done yet to the bridge that collapsed Tuesday night, detour still in place"
