• True North Mortgage selects DLC’s (DLCG) Newton as a connectivity provider
  • True North Mortgage team has annual funded mortgage volumes exceeding $3 billion
  • The DLC Group operates through Dominion Lending Centres and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc. and Newton Connectivity Systems Inc.
  • The DLC Group’s extensive network includes 6,500 agents and 515 locations
  • Dominion Lending Centres Inc. (DLCG) is down 0.49 per cent and is trading at C$4.10 at 12:48 pm ET

True North Mortgage has selected DLC’s Newton Connectivity Systems Inc. as its broker submission and connectivity platform.

With over 100 agents across the country, the True North Mortgage team has annual funded mortgage volumes exceeding $3 billion.

Gary Mauris, Executive Chairman and Chief Executive Officer of DLC Group commented,

“Having industry leaders such as Dan Eisner and his team at True North Mortgage adopt Velocity as their submission and connectivity platform is a significant accomplishment for Newton.”

“We are very pleased that Newton continues attracting Canada’s top mortgage professionals and teams,” added Mauris.

Geoff Willis, President of Newton, noted,

“We are delighted that the True North Mortgage team has chosen Velocity and we are keen to integrate our system into their tremendous business.”

The DLC Group is Canada’s leading network of mortgage professionals.

The DLC Group operates through Dominion Lending Centres and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc. and Newton Connectivity Systems Inc., and has operations across Canada.

The DLC Group’s extensive network includes 6,500 agents and 515 locations.

Dominion Lending Centres Inc. (DLCG) is down 0.49 per cent and is trading at C$4.10 at 12:48 pm ET.

More From The Market Online

How to invest in REITs

With falling interest rates and homebuyers sidelined, Canadian property values are poised to rise, making it a great time to invest in REITs.

76% of Canadians still believe homeownership is out of reach

Buying a home feels out of reach for most Canadians who don't own property, yet half of non-owners are still holding onto that goal.

How to invest in home-building stocks

Canadian real estate is still booming, and home-building stocks are reaping the growth benefits that investors have a chance to enjoy. 

A near-term catalyst for Canadian real estate stocks

An expected rise in Canadian recreational real estate prices highlights an opportunity in stocks invested in the broader residential market.