On October 29, 2025, Capital Asset Lending’s Mortgage Investment Company (MIC), Mortgage Company of Canada Inc. (“MCOCI”) launched a new, innovative alternative lender residential mortgage-backed securitization (“RMBS”) program with an inaugural private placement transaction by way of offering memorandum for a RMBS bond issuance exceeding $220 million.

Bank of America, together with Bank of Montreal, as co-lead placement agents, and the dealer syndicate, to structure the financing program and place the RMBS bonds with investors. The inaugural approximately $220 million bond issuance transaction comprised of Infinity First LP CARMBS 2025-1 Class A Notes (rated AAA(sf) by DBRS), Class B Notes (rated A(sf)) and Class Z Notes, which are held by the sponsor MCOCI.

Fasken advised Bank of America with a team led by Elana Hahn and included Christopher Steeves, Hayley Larkin, Nicholas McFarlane, Ridda Farooq, Alison Richardson (Paralegal) and Safa Darwich (Paralegal).