AMIC's management team members have been in the business of originating, underwriting, and servicing mortgages in the secondary mortgage market segments in Ontario for more than 20 years. These qualifications and experience put the management team in an advantageous position to provide AMIC and its shareholders with related management, administrative, mortgage lending and financing services.
The management team members have extensive experience in property management, mortgage lending and investment banking and also have established relationships with experienced owners, builders, developers and others active in the real estate industry.
The following corporations are related and connected entities by virtue of common ownership and control:
Please refer to the full relationship disclosure document provided by your ACC dealing representative for more information. The Offering Memorandum also includes information about the relationship between the corporations. Financial transactions betwen the related parties are fully disclosed in the Corporation's audited financial statements and are governed by the agency and management agreements as approved by the AMIC board of directors.
The AMIC board of directors (among other corporate governance duties) oversees and reviews the annual renewal of the management agreement between AMIC and AAL and of the agency agreement between AMIC and ACC.