The 1990s were a bleak period in Canadian history. The country was mired in deep recession and urban poverty affected a disquieting number of Canadians, particularly in Montreal, where 41.2% of the population lived in poverty during the first half of the decade
Nick Kyprianou worked his way through Home Trust’s ranks, and the challenges he encountered along the way prepared him for his latest venture as president and CEO of RiverRock Mortgage Investment Corporation
The Great Recession may not have hit Canada as hard as the United States, but it certainly caused turbulence north of the border
With debt levels disconcertingly high, there could be ramifications to yesterday’s interest rate hike
The company is pleased to announce that Anthony Pistillo has joined the company as Vice President, effective today.
Market share growth has attracted unwanted attention from the OSC
One industry player expects Mortgage Investment Corporations to go the consolidation route in the face of increased regulatory oversight.
Former Equity Financial Trust CEO Nick Kyprianou announced Thursday the establishment of RiverRock Mortgage Investment Corporation.
Smoothwater Capital will participate in a special shareholders meeting for Equity Financial Trust in March with the intention of removing seven of its nine directors and appointing three new ones – including recently ousted Nick Kyprianou.
Equity Financial Trust’s decision to focus on mortgages has been a good move, with the release of its second quarter numbers hinting at the growing popularity of B business in the wake of ever-tightening lending rules.