When investors first hear about Mortgage Investment Corporations (MIC), often, there’s an inclination to reference Mortgage Backed Securities (MBS). There are some similar elements to the two models, but there [...]
Mortgage investment corporations allow for a beneficial relationship, for both consumer (borrower) and investor (lender). Investors allow the MIC to use their money in exchange for a percentage return on [...]
With the continuing low yield environment, Mortgage Investment Corporations have seen dramatic growth over the last couple years as investors search for return and capital preservation; capital sourcing by many [...]
Well-managed public businesses can certainly be successful over the years, but multigenerational, family-owned enterprises bring special strengths and talents to the table. What makes a family business so attractive? Structure, [...]
With the occasional exception of very large mortgage investment corporations such as MCAN Mortgage Corp, very few MICs are traded on the stock exchange. This isolation from mainstream trading means [...]
How often have you heard that old expression, “your home is your castle”? It’s a basic and timeless truth. As Canadians, home ownership is an embedded value: we’ll do everything [...]
What is a MIC? The Mortgage Investment Corporation (MIC) structure was created by the federal government in 1973 to offer more funds to the market than banks were willing to [...]
Nature and business work in similar ways. Both have methods of adapting to the ever-changing external forces of their environments. Animals use colour, smell, size and other tricks to deter [...]
