MFC stands for "mortgage finance company."
An MFC is typically a non-deposit-taking mortgage lender that's not federally regulated directly by OSFI.
Examples of MFCs in Canada include First National, MCAP and CMLS.
MFC stands for "mortgage finance company."
An MFC is typically a non-deposit-taking mortgage lender that's not federally regulated directly by OSFI.
Examples of MFCs in Canada include First National, MCAP and CMLS.