At ASCEND MIC, our background in all facets of mortgages allows us to apply our expertise in many specific ways. This includes securitized mortgages administration, which involves not only the delivery of investment returns to valued clients, but the delivery of our administrative expertise to those in need of it in various aspects of mortgage management, including securitized mortgages.
We handle the details
The securitization of mortgages is a multi-faceted process. On the one hand, there is the lending/investing of money to multiple mortgage borrowers, which allows for the pooling of these mortgages. On the other hand, the returns earned from the mortgages in these pools can be packaged for investors in many different ways, which is what mortgage securitization is: the offering of securities (stocks, bonds, funds, etc.) to investors based on the money earned from pools of mortgages.
While much of the world of mortgage investing and management can be fascinating in theory, it can also be quite the administrative challenge. That’s where we come in. ASCEND MIC has the knowledge, experience and expertise in handling the small and large details of mortgage administration, including securitized mortgages administration, so you don’t have to. We know the processes, we know the rules and regulations — and we’re licensed to do so, under Financial Services Commission of Ontario (FSCO) license number 12539. It’s just another part of the ASCEND MIC difference.
Addressing a market need
One of the reasons why the Canadian federal government created the rules to allow for the creation of mortgage investment corporations is to encourage investment in the private mortgage market. However, even knowledgeable investors don’t usually have the administrative knowledge to handle the day-to-day procedures of investing in one mortgage, let alone entire pools of mortgages. That’s what we do here at ASCEND MIC, and we’ll keep doing it in service of our valued clients — each and every time.
Call us today to find out more about the expertise ASCAND MIC possesses in securitized mortgages administration.