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.
RCMP looking for help with a break and enter in Woody Point
Bulk household garbage collection due to wrap up in Corner Brook last week is still continuing
Humber Valley business working on expansion at a campground near St. Anthony
The ground has been broken at the site of a major salt mine in St. George's
Port of Corner Brook to offer free workshop for those looking to get involved in the cruise guest experience
