TMRC is a licensed non-deposit taking institution, authorized by the Bank of Tanzania (BoT) for the purpose of conducting its business, and by the Capital Markets & Securities Authority (CMSA) for the purpose of bond issuance.

The Charter of TMRC reflects its unique role in being a single purpose vehicle. It restricts the Company from undertaking any other activities (such as taking deposits, commercial loan refinancing or lending directly) apart from the ones for which the Company is established.

The restrictive charter is to ensure that the Company focuses on supporting the growth of the mortgage market and the bond market by limiting its activities to the refinancing of mortgage loans and the issuance of bonds in support of those activities.