Verico news

  • ‘Micro branches’ for BMO

    The Bank of Montreal is testing so-called micro branches in high-density urban areas, with a small staff able to provide mortgages among other services -- an old idea that may skirt concerns about the banks.

  • A deal killer brokers can overlook

    Too many mortgage brokers are missing the biggest deal killer out there, says one Vancouver broker, and it can be easily avoided with one simple conversation.

  • At first a broker by chance, now by choice

    MortgageBrokerNews is continuing its series of features on the finalists for Broker of the Year in both categories -- the under 25 employees and the 25 and over.

  • HELOC success? Depends who you ask

    HELOCs and Lines of Credit have all but dried up for some brokers, while others continue to rely on them for their bread and butter.

  • Breathing life back into the B.C. market

    Guaranteeing value for nervous West Coast homebuyers has transformed a market mired in a glut of inventory into the goose that laid the golden egg for one B.C. broker.

  • Strength in the face of adversity

    MortgageBrokerNews is continuing its series of features on the finalists for Broker of the Year in both categories -- the under 25 employees and the 25 and over. This year’s group is the most diverse, spanning the country. Winners in both categories will be named at the upcoming Canadian Mortgage Awards on May 10 at the Liberty Grand in Toronto.

  • Brokerages demanding more-experienced agents

    Your rise up the corporate ladder may just have become steeper. New agents are increasingly finding brokerages that demand nothing less than two or three years’ experience.

  • CRA clampdown highlights broker value-add

    The recent Canada Revenue Agency interest in people claiming their condos as homes instead of investment properties is long overdue, says one mortgage broker, also suggesting the crackdown illustrates the role brokers can play.

  • Internet use building monoline support, say brokers

    Client trust in the Internet has grown, a phenomenon making it increasingly easy for brokers to sell monolines and not just their branch-heavy brethren.

  • A broker who thrives on referrals

    MortgageBrokerNews is continuing its series of features on the finalists for Broker of the Year in both categories -- the under 25 employees and the 25 and over. This year’s group is the most diverse, spanning the country. Winners in both categories will be named at the upcoming Canadian Mortgage Awards on May 10 at the Liberty Grand in Toronto.