What is a Mortgage Investment Corporation (MIC)?
A Mortgage Investment Corporation (MIC) is an investment fund that pools capital from investors to lend borrowers in the form of private mortgages. This approach to investing increases the flow of money available for the MIC to fund mortgages in the real estate market and equally provides a way for investors to participate in the […]
Mortgage Enforcement Solutions
Mortgage deferral about to expire? What you can expect if you can’t make your payments. What is a Power of Sale? What is the process? COVID-19 has had a decided impact on the Canadian mortgage market. In May unemployment in Canada hit a record high of 13.7%, with about 600,000 Canadians seeking deferrals of their […]