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Who is Computershare and why are they registered on title?

If you are using a non-bank lender for your mortgage, you may notice that your mortgage has been registered in the name of “Computershare Trust Company of Canada”. This registration does not affect the terms and conditions of your mortgage in any way. Computershare holds no beneficial interest or rights to the mortgage loan. This is merely a third party, custodial arrangement which means that your lender has used Computershare to review the mortgage and provide custodial certification to Canada Mortgage and Housing Corp (CMHC) for their government securities program.

Computershare is the largest provider globally of many of the services they offer and the largest corporate trust service provider in Canada. They have successfully provided this custodial service to many Canadian bank and non-bank lenders for many years and they play a very important role in the Government of Canada’s NHA Mortgage-Backed Securities Program. Computershare has served as the exclusive Central Payor and Transfer Agent and as a document Custodian since the Program’s inception.


It is important to note that although your mortgage may be registered on title under Computershare, your Mortgage Broker or lender will still be your main point of reference for service and you should contact them directly if you have any questions about your mortgage.


For more information you can check out their website http://corporate.computershare.com/Canada/OurBusiness/corporatetrust/Pages/Mortgage-BackedSecurities.aspx


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