Equitable Group Inc. (ETC) 2010年年度报告「TSX」.pdf

1、Annual Report 2010Equitable AR 2010 dr24_Layout 1 11-04-11 10:58 AM Page 1Single Family Lending ServicesOur Single Family Lending Services line of businessenjoys broad relationships with an extensivenetwork of licensed mortgage brokers and agents inour selected territories,has a highly responsivecus

2、tomer service ethic and delivers solutions to anattractive,under-served niche.Single familycustomers include business-for-self Canadians,newcomers and foreign investors who have thefinancial resources to achieve real estate ownershipbut dont meet the traditional credit criteria of themajor banks.For

3、 new single family purchases or re-financings,we provide open and fixed-termmortgages with terms of up to five years on a varietyof properties including homes and rental units.Atyear end 2010,Single Family Lending Servicesaccounted for$1.6 billion or 44.8%of our totalmortgage principal outstanding.A

4、s part of ourstrategic focus to build value,we intend to continueto grow this business in 2011 both on an absoluteand relative basis.Commercial Mortgage Broker ServicesThrough Commercial Mortgage Broker Services(“Broker Services”),we specialize in mortgagelending to qualified entrepreneurs,businesso

5、perators and real estate investors who seek to buymixed-use(storefront),retail office,multi-residential,commercial and industrial properties.This business line has a long history of success builton its extensive network of mortgage brokerrelationships,deep understanding of customerneeds,highly engag

6、ed service team and clear nichemarket focus.Broker Services has originated loanswith value that is in the$100,000 to$2.5 millionrange.At year-end 2010,this business represented$831.0 million or 24.0%of mortgage principal.Equitable Group Inc.Annual Report 2010GatefoldService Lines201020092008Commerci