JAMES DE VUYST

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JAMES DE VUYST
Mortgage professional
VERICO XEVA MORTGAGE
Age: 31

The 2008 financial crash had far-reaching effects on the mortgage business, and in James De Vuyst’s view, the industry has reacted well. “The industry, in my opinion, has become much more refined,” he says, “and policies have become much tougher in order to prevent a US-type crash here in Canada.”

That’s not to say everything is perfect, however. “I believe this industry needs to be more stern in regulating the amount and quality of brokers who obtain a licence,” De Vuyst says. “We are seeing an influx of new brokers, some who are eager to learn quickly and dedicate their career to brokering, and others who are part-timers, buying down rates to gain clientele and not providing their clients with sound financial advice.”
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