Antrim Investments - Investing in Mortgage Investment Corporations

My Private Network

Hosted by Bob Simpson, today we learn more about Antrim Investments and Mortgage Investment Corporations.
Today we're going into a deep dive into the Antrim Balance Mortgage Fund's performance, past and expected returns, their investments strategies and they havs grown to become the largest residential private lender in Canada.
Our expert guest on this episode is Will Granleese, Director and Portfolio Manager at Antrim Investments.
Today's questions of interest:
0:00 Intro
4:44 Antrim Investments origins and background.
9:26 What your employee base looks like and just a bit of a description about the operations of your firm?
11:25 What are you seeing as you look at the mortgage lending industry today in Canada?
16:11 How Antrim handled the rise of interest rates.
20:40 How does Antrim make money?
22:06 What are some of the highlights that you see when you look at your track record and what are some of the low lights that you might see?
23:32 What are you most proud of in your performance?
25:34 Who are your borrower profiles?
27:41 How many mortgages are there currently in the portfolio and how's that number changed?
32:09 Average size of the places?
32:24 Average equity in a mortgage?
34:09 What is your process for reviewing and underwriting new mortgages.
36:31 Could you touch on your debt history?
39:02 What's your take on preservation of capital?
40:29 Can you explain your liquidity?
42:11 Talk about the F class and what your returns have looked like since inception.
45:44 I'm interested in your opinion on how would you use in a typical investor portfolio?
47:16 Final thoughts.

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