Verico news

  • Brokers to Associations: Stop road rep 'broker' use

    Mortgage professionals are putting their associations on notice, insisting they use their clout to stop road reps from calling themselves “brokers.”

  • Keep calm and broker on

    Here, according to leading broker network execs, is what the new mortgage rules mean for mortgage professionals

  • ING's broker days numbered, says vet

    Brokers clinging to the notion that it will be business as usual with a Scotia-owned ING are facing certain disappointment because the popular discount banking brand is bound to disappear in Canada after 18 month, according to a seasoned mortgage professional.

  • Brokers: Cut pooling? Cut volume requirements

    Fair is fair, says one seasoned mortgage professional: If lenders are bent on scrapping volume pooling, then, they must consider lowering their minimum volume requirements.

  • Vancouver brokers pinched by slump

    Brokers in the once-hot real estate market of Vancouver are now experiencing the chilling effects of the new mortgage rules and buyers sitting it out, hoping for already falling home prices to plunge even lower.

  • Cross selling bolsters client retention

    A broker now selling insurance to boost his product mix says it has also strengthened his hold on clients.

  • Brokers fear lender's ultimate departure

    They may be jumping the gun, but some brokers are suggesting if ING Direct Canada is sold off, its buyer will move to take it and its extensive broker-client book out of the channel.

  • Brokers fret about possible ING sale

    Mortgage brokers are worried that one of Canada’s big five banks might snap up ING Direct – its parent company now announcing the review of “strategic options” to sell the broker channel lender.

  • B.C. broker back for second season of Oprah reality show

    Lightening rarely strikes twice, unless you’re Vancouver mortgage broker Jessi Johnson, now invited back for the second season of an Oprah Winfrey reality show.

  • Brokers scramble to cash in FirstLine incentives

    With just 12 days until Firstline bows out of the industry, brokers are still waiting on an announcement from CIBC on the fate of their POINTS and basisPOINTS accounts, with many now scrambling to cash them in.