The process of servicing and maintaining outstanding mortgages. ASCEND MIC deals with mortgagors and mortgagees, providing the services of a mortgage administration and servicing company.
In some ways a mortgage is simple, but it can also be complex. We here at ASCEND MIC deal with all the complexities for you, from the paperwork and regulations to the filings and compliance issues. We’re experts in the field of mortgage administration, which means we take the hassle away from you. It’s what we do.
We handle the complexity
A mortgage can be simple in that it is nothing more than a loan given in return for interest payments — backed by the collateral of the property. It’s a relatively safe way for investors to earn a return, as well as a ready source of financing for borrowers in need.
However, as simple as the concept of a mortgage is, there are very strict rules surrounding their administration. There are regulations to be adhered to, deadlines — you name it. One of the primary advantages of working with a mortgage investment corporation (MIC) such as ASCEND MIC is that we know how to handle all this for you.
We offer you our expertise
You don’t need to be an expert in mortgages regulation, or become adept at paperwork. That’s what we do for our clients over the long-term to ensure ease of mind as well as the attainment of financial goals. It’s just part of the ASCEND MIC difference.
Whether you are renewing the mortgage, discharging the account, borrowing additional funds, or need countless other administrative tasks done in relation to mortgages, we do it all for you.
- Third-party private mortgage administration
By lending and administering or own portfolio, we have developed an expertise in required systems and procedures related to mortgages — which is why other mortgage lenders (mortgagors) come to us to handle their mortgage administration for them. It’s just another part of the ASCEND MIC difference!
- Securitized mortgages administration
ASCEND MIC frequently acts as the portfolio manager for securitized mortgage funds. With years of capital markets experience, we focus on achieving optimum portfolio stability and accretive growth.
At ASCEND MIC, we have a mortgage administration solution to meet your specific needs. Contact us today to find out more.