At ASCEND MIC, we have a comprehensive vision towards all aspects of mortgages, including mortgage administration. We’re the mortgage experts because we have experience with and knowledge of just about every facet of the mortgage business, from investing and lending to securitizing and administration. It’s just another part of the ASCEND MIC difference.
A fully-licensed service
Mortgage administration is about more than just having someone fill out all the forms and paperwork for you. In the province of Ontario, mortgage administration is regulated under the Mortgage Brokerages, Lenders and Administrators Act, and mortgage-administration licenses are issued by the Financial Services Commission of Ontario. Our FSCO license number is 12539.
As a result, we have a developed expertise in adhering to all compliance and regulatory issues with respect to mortgage handling, and we outsource this expertise to other lenders and/or parties in need of advanced mortgage administration services.
You have your expertise, we have ours
Lenders and mortgage-sector professionals come to us to manage the day-to-day procedures of handling mortgages, so that they focus on their areas of expertise, while we focus on ours. As with so many aspects of doing business with ASCEND MIC, it really is a win-win situation for all.
Contact us today to learn more about the third-party private mortgage administration services we can provide for you.