Verico news

  • Broker alleges false Google ad violates FSCO rules

    One leading broker is accusing a competitor of using his name to attain leads through Google’s ad services.

  • Experts split on rate outlook

    Will there be a rate fluctuation in the next 30-45 days? It depends who you ask.

  • Broker: Lender's products are what matters

    One leading broker has echoed the same sentiments of some of Canada’s largest broker networks: it is a lender’s products – and not it’s affiliation with one particular network – that will determine broker opinion.

  • Lender grows share and earns support across channel

    A leading lender is enjoying significant growth and support from the broker networks across Canada following its investment in one of those networks.

  • Lucky buyer wins by using broker

    One leading network’s “Purchase Plus Improvement” mortgage product gives clients access to up to $40,000 for home renovations. And as part of the product, one lucky couple took home $5,000 to help renovate their home.

  • Brokers criticize mortgage life insurance

    Several broker joined the fracas to discuss their own issues with bank-offered mortgage life insurance, with many criticizing the high mark-ups and low payouts.

  • Brokers discuss refi strategies

    Talk turned to refinance strategies during Canadian Mortgage Hangout’s (#cmhTV) second anniversary Thursday and tactics for winning that very valuable segment of business.

  • Network not for sale

    One broker network executive has dispelled the notion that his company is looking to sell “to the highest bidder” following a deal that saw an influential channel player make an equity investment.

  • Broker: Lender amended contract after client signed

    Brokers advise clients to diligently read the fine print but what happens if the contract is changed after the client signed?

  • Client surprised by collateral charge mortgage requalification

    Collateral charge mortgages are often criticized for the barriers they place on client's ability to port their mortgage but one broker was frustrated when his client was forced to re-qualify with the same lender to access the collateral loan.