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Westboro Mortgage Investment Corp.
Information by Research TrustFinance
Founded in 2004, Westboro Mortgage Investment Corp. operates as a Mortgage Investment Corporation (MIC) as defined by the Canadian Income Tax Act. The company's primary business is to pool capital from investors to underwrite a portfolio of short-term first and second mortgages secured by residential properties. Its mission is to provide investors with a stable and consistent stream of income while preserving capital by focusing on a diversified portfolio of mortgages in major urban areas within Ontario. The company is publicly traded on the TSX Venture Exchange (TSX-V) under the symbol WMI.
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