Rumours swirl over Abode purchase

Following the recent news that Abode Mortgage Corporation is in negotiations with a purchaser and will re-enter the mortgage market, rumours have been circulating about who that purchaser (or purchasers) might be.

Following the recent news that Abode Mortgage Corporation is in negotiations with a purchaser and will re-enter the mortgage market, unconfirmed rumours have been circulating about who that purchaser (or purchasers) might be.

Industry sources who wish to remain unnamed told CMP Paradigm Quest, a business process outsourcing company based in Toronto, and Five Fathom Partners Inc. could be behind the deal. We are looking to confirm these rumours and publish more details as they emerge.

If you have any information on the upcoming purchase that you would like to share with CMP, please contact us here.