GOVERNANCE
INDEPENDENT MANAGEMENT STRUCTURE
To ensure independent and objective management and decision making Truvera employs the following organizational best practices:
Different people in each of the executive positions of: Chairman, President, and CFO.
In-house credit committee distinct from that of the mortgage Administrator.
Two of five directors are independent.
ADMINISTRATION
Truvera has engaged Lanyard Financial Corporation ("Lanyard") as its Mortgage LP Administrator.
Lanyard is a highly respected mortgage originator, lender and administrator with over 21 years of outstanding results.
Lanyard is recognized for its excellence in first mortgage, asset based lending.
AUDITED
Truvera's Mortgage LP is audited annually by DMCL Chartered Accountants.
A copy of the audited financials is available to qualified prospective investors and to all current investors.
INDUSTRY OVERSIGHT - ADVISORY BOARD
In addition to a board of directors, Truvera has an advisory board available to offer additional oversight.
The advisory board is comprised of mortgage professionals from various financial institutions. In addition to being a management resource, they are a valuable source of local market knowledge in diverse regions.
INTEGRITY
Truvera's directors each has significant professional expertise.
More information on our management team can be found here.
REGULATORY OVERSIGHT
Truvera Mortgage Corporation is a registered mortgage broker under the Mortgage Brokers Act (BC).
Belco Private Capital Inc. ("Belco") has been retained by Truvera (for Securities Act compliance) to act as its Exempt Market Dealer.