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.
Corner Brook getting ready to roll out garbage trucks with collection arms in the new year
Government gives green light to Indian Head Hatchery expansion in Stephenville
$10,000 grants available for projects on addiction prevention and positive mental health
RNC looking for information after a woman was choked by a man in Lark Harbour
A motorcycle crash in Stephenville on Sunday leads to an impaired charge for a 46-year-old man
