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.
22-year-old motorcyclist dies at the scene of a crash on Route 430 last night
Camper slides off road near Doyles yesterday with high winds in the area
Street sweeping, line painting, and repairing damaged curbs all underway in Corner Brook
Corner Brook Councillor says "panhandling is a constant topic of conversation at city hall"
Province files request to intervene in hearing on Marine Atlantic's designation as an essential service
