Richard Renaud
Blaine, WA (USA)
Role(s):
Founder/Owner/Principal
Tor Mortgage Capital
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Startup
Location:
Blaine
Industry:
Finance
Year Founded:
2009
Number Employees:
1-10 people
Description:
Tor Mortgage Capital was created by Michael Kent and his management team for the purpose of realizing upon the high returns and low risk of the Canadian residential mortgage market.
Michael is the founder of Accredited Home Lenders Canada and posted over a 40% ROE prior to the failure of the US parent.
Both Michael and his management team have extensive US and Canadian lending experience and having lent on residential properties on both sides of the border, much prefer Canada due to its high return/low risk structure