Dominion Lending Centres, Inc. engages in the provision of mortgage brokerage and data connectivity. The company is headquartered in Port Coquitlam, British Columbia. The company went IPO on 2002-05-17. The firm operates through Dominion Lending Centres Inc. and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc. and Newton Connectivity Systems Inc. (Newton). The company has a network that includes over 8,600 agents and over 500 locations. The franchise model provides secure long-term relationships with mortgage professionals, and the Company provides training, technology, marketing, recruitment, and operational support to its franchises and brokers. Mortgage professionals provide services related to property purchases, mortgage refinances and renewals, credit lines, and other borrowing needs. Mortgage professionals originate mortgages but do not themselves lend money. Newton is a financial technology company which provides a secure all-in-one operating platform in Canada called Velocity.
