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GOVERNANCE

INDEPENDENT MANAGEMENT STRUCTURE

To ensure independent and objective management and decision making Truvera employs the following organizational best practices:

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  1. Different people in each of the executive positions of: Chairman, President, and CFO.

  2. In-house credit committee distinct from that of the mortgage Administrator.

  3. Two of five directors are independent.

ADMINISTRATION

Truvera has engaged Lanyard Financial Corporation ("Lanyard") as its Mortgage LP Administrator. 

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Lanyard is a highly respected mortgage originator, lender and administrator with over 25 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.

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A copy of the audited financials is  available to qualified prospective investors and to all current investors.

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INDUSTRY OVERSIGHT - ADVISORY BOARD

In addition to a board of directors, Truvera has an advisory board available to offer additional oversight.

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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. 

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More information on our management team can be found here.

REGULATORY OVERSIGHT

Truvera Mortgage Corporation as well as Truvera Mortgage (Jr) - 1 Limited Partnership are registered mortgage brokers under the Mortgage Brokers Act (BC).

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Belco Private Capital Inc. ("Belco") has been retained by Truvera (for Securities Act compliance) to act as its Exempt Market Dealer. 

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