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Mortgage Broker News | 01 Mar 2013, 10:00 AM Agree 0
CIBC’s decision to limit broker originations to its own network following the closure of FirstLine is now reflected in its bottom line, specifically its Q1 results.
  • Paolo Di Petta | dipettamortgage.com | 02 Mar 2013, 07:35 AM Agree 0
    I wonder if we'll start seeing the same trend with ING. Brokers (and especially CAAMP) take note - the only way the big 6 will hear us is if we can show them that we can impact their bottom line. We have more leverage than we are made to think - time to get negotiating...
  • Ron Butler | 02 Mar 2013, 09:08 AM Agree 0
    The reason the CIBC profit was down was do to litigation settlements regarding Lehman Brothers demise. If you remove extraordinary items CIBC actually had one of the most profitable quarters in it's history
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