Category: Updates


Senator Colin Deacon on Open Banking, How to Win the Fight for Consumer Trust and more

Keep up with the latest mortgage industry innovation news sent to us by our friends at Flinks (the operators of our down payment confirmation platform, EZ Account Access). Data connectivity has made a big splash, showing that it’s now undeniably a core to business component of modern finance. And we’re observing consolidations on the consumer-facing side, too. […]

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New Lender Alert – MCF Mortgages

You can now submit directly to MCF Mortgages through Velocity and Expert MCF Mortgages has been a 1st mortgage equity lender since 1975! We pride ourselves on our “outside the box” way of thinking to get your deals done. Our philosophy is really quite simple – We lend on the equity, not the client! Best of […]

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Equifax Announcement – Important Industry News

“Mortgage Industry 2020” – Equifax Micro-Site Equifax has launched a microsite called “Mortgage Industry 2020” to outline their planned changes over the coming months to address the concerning issue of access to consumer credit files by mortgage originators without appropriate consent and safeguarding oversight. Key Dates  April 4th, 2020 An Enhanced Broker Credit Report will be launched to help Mortgage Brokers […]

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New Lender Alert – First Source

You can now submit directly to First Source Mortgage Corp. through Velocity and Expert. First Source is an Ontario Private Lender providing financing commonly up to $15 million and larger for property and projects in the Greater Toronto Area and surrounding urban areas.  Since 2007, First Source has been supporting mortgage brokers, real estate advisers, […]

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CMBABC Innovation Award

Congrats Kevin Dear! Please join us in congratulating our very own Kevin Dear on winning the CMBABC Innovation Award.  “Thank you to the CMBABC and everyone who voted. It’s an honour to accept this award on behalf of myself and my colleagues. The future of Canadian Mortgage Brokering is moving towards being more and more […]

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New Training Page

Intuitive, Self-Guided Training  Adopting Velocity as your go-to submission platform has never been easier than with our gamified, interactive Training Page (see video below).This new page lays out the different topics and levels of training in an easy-to-follow, recommended order.In a rush and need to jump ahead to learn how to create an MPP form or input a second […]

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Updates & Enhancements

DISCOVER THE TOP PRODUCTS FOR YOUR CLIENT WITH DISCOVERY  Plus Share Apps with Authorized Associates, Delete Assets & Liabilities En Masse and A New Declined Deals Dashboard Column   DISCOVERY – “The Match.com for Mortgages” Starting today you can DISCOVER the top products for your clients with just the click of a button. For instructions, click here. “Brokers who have been dreaming […]

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Uploading Your Data Into Velocity Couldn’t Be Easier

Introducing The Uploader!   Got a one-off deal that you want to get in right away, some deals that didn’t make it in the initial transfer, or looking to improve your Contact List from old CSV files or Excel spreadsheets? Want all of your Expert CSV data imported and auto mapped in Velocity? Introducing The Uploader! […]

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Submit to All Lenders

We’ve been waiting for this, and it finally happened… Velocity can now send broker applications to virtually every lender that Expert can. Velocity delivers Brokers and Agents the power to manage your mortgage business with one integrated system to all lenders. Save up to 40% on joint credit bureaus Receive Lender updates directly into your Velocity Dashboard. Eliminate printed […]

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Newton Welcomes TD Canada Trust

  After a complex and detailed integration project we can make it official to every current and soon to be Velocity broker or agent that effective today, you can submit applications to TD Broker Services directly from Velocity. From this day forward when you select TD as your lender in Velocity, your only submission option […]

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