Education Corner

The Real Estate Council of Alberta (RECA) and the Alberta Mortgage Brokers’ Association (AMBA) are working together to revise and update the current Mortgage Associates’ Program (MAP). A Request for Proposal related to MAP was put out through the RECA website and other channels on March 20. RFP proposals are due by April 17, 2009, at which time RECA and AMBA will begin the vendor review process. The planned launch date for a new MAP is early 2010.

RECA is also working on developing new courses for the next licensing period as part of the Re-licensing Education Program (REP). Real estate and mortgage industry members will be required to complete at least one REP course between October 1, 2009 and September 30, 2010 in order to renew their licence on September 30, 2010.

Future Regulators will include updates on these projects and others.

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