Computershare Trust Company of Canada

Posted by on Sep 8, 2011 in Blog, FAQ | 2 comments

Computershare Trust Company of Canada

When you have your mortgage with with a non-bank mortgage lender you will typically see on your mortgage documents the name, “Computershare Trust Company of Canada”. This always leads to the question from clients, “Who’s Computershare?”

Computershare Trust Company of Canada (Computershare) is the largest corporate trust service provider in Canada. To ensure non-bank lender mortgages meet CMHC requirements, Computershare acts as a custodian of the securities and they are required to register your mortgage in the name of “Computershare Trust Company of Canada.” While your mortgage is registered in the name of “Computershare Trust Company of Canada,” and you will see this name on some of your mortgage documents, rest assured your mortgage lender and mortgage broker will remain your point of contact for any customer service inquiries after your mortgage has been funded.

More questions? Don’t hesitate to contact me or leave a comment.

Scott Dawson
scott.dawson@verico.ca
  • http://WhatTheSooke.com Tim Ayres

    Thanks for this Scott – I always wondered about that. What about my situation – my mortgage is not insured by CMHC or anyone else – but Computershare still shows up on title – does the lender just funnel everything through anyway? 

  • http://www.scottdawson.ca/ Scott Dawson

    Good question Tim,

    What the lenders do is self insure the mortgage so they can be securitized. This post might be of interest to you: http://www.scottdawson.ca/mortgage-securitization-101/