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.
Two people are dead after a collision involving a moose last night on Route 10 near Aquaforte
Cost of asphalt is down but cleaning costs at Marina Redmond Centre skyrocket
Water level at the reservoir supplying Deer Lake Power is being watched closely and another release could be coming
Meet Robert, the newest member of the RNC Mounted Unit
Child care funding announced in Corner Brook
