Risk Reduction through Quality Standards and Management Systems: PEMI®

Source: Click Here

MortgageQuote Canada Corp. is proud to have earned its Certified Private Equity Mortgage Broker (CPEMB) designation. The standard for quality in the primary mortgage securities sector.

Private Equity Mortgage Institute

Who & Why Are We?

The Private Equity Mortgage Institute PEMI^TM (www.peminstitute.org) is the operative division of the International Private Equity Mortgage Institute (IPEMI.org,www.ipemi.org), a global professional association of real estate finance professionals including: investors, lenders, mortgage bankers, licensed brokers and licensed agents; who trade in the highly specialized field of PEMI-Certified^TM Private (Non-Institutional, Non-Syndicated, Non-Regulated) Equity Mortgage^TM transactions, also known as Certified Private Equity Mortgage^TM transactions.

Generically, such investor-lenders are referred by the term of art: "private lenders"; and generically, such transactions are referred by the term of art: "private mortgages". Terms of Art are not defined consistently - depending on the subject matter - so have broadly accepted meanings and applications-of-use. Due to inconsistent definitions and applications-of-use of the terms of art: "private lender" or "private mortgage", there is a high degree of confusion within the global marketplace when it comes to distinguishing a credible, non-institutional, non-syndicated, non-regulated, real estate debt industry participant or transaction, from one that is not.

Such confusion has lead many inexperienced mortgage consumers (borrowers) and unsophisticated mortgage investor-lenders to incur significant losses caused by errors, omissions, inexperience or negligence by individuals who claim to be professionals in the domain of non-institutional, non-syndicated, non-regulated, real estate debt transactions when they are not. Or, a real estate debt transaction is represented to be of a non-institutional, non-syndicated, non-regulated nature, when it is not.

Through the establishment of standards, criteria and trademarked terms including: Private Equity Mortgage (PEM)^TM, the Private Equity Mortgage Institute provides consumers, investors, government and related parties with distinguishing marks and source identifiers for non-institutional, non-syndicated, non-regulated, real estate debt transaction and related industry professionals.

Members and Fellows of the Private Equity Mortgage Institute hold the prestigious PEMPTM designation.

Mission & What We Do

PEMI's mission is to advance professionalism, ethics, quality, global standards (ISO 9000/GAMUS.org), methodologies, advocacy, compliance, business & operational practices through the professional development of real estate finance commerce, worldwide.

Consumers (borrowers), investors, lenders, mortgage bankers, licensed brokers and licensed agents who participate in Private Equity Mortgage (PEM)^TMtransactions in our countries-of-interest (see below), will benefit from the Private Equity Mortgage Institute as follows:

Private Equity Mortgage (PEM)^TM Education

Private Equity Mortgage (PEM)^TM Standards

Industry Classes - Professional Designation

Compliance (ISO 9000 Family of International Quality Management Standards, Sarbanes-Oxley)

Audit

Industry Advocacy

Borrower Advocacy

Research, White Papers & Policy Reports

Expert Witness

Learn more about what we do

Where Are We? Australia, Canada, United Kingdom, USA

Envisioned in 2003 and initially operating within the Canadian market, the International Private Equity Mortgage Institute has expanded its scope of interest include Australia, United Kingdom and USA. All IPEMI.org Members and Fellows operate in accordance with respective national, regional and local laws.

The regional division of IPEMI.org provides private, regulatory oversight and administers industry professional-, and policy-level education services leading to the qualification, certification and licensure of Private Equity Mortgage Professionals (PEMP)^TM within the core fields of mortgages, technology and quality management. The International Private Equity Mortgage Institute consists of member organizations from the following countries:

Australia

Canada

United Kingdom

USA