Canadian mortgage company CMLS Financial celebrates its 40th anniversary in January 2014. The privately held institution has evolved from its small operations of barely a dozen staff to a powerhouse in the Canadian mortgage industry. From its first offerings of commercial mortgages, it has since diversified its services to include institutional services, residential mortgages and commercial lending services.
CMLS had an earlier celebration of sorts in 2013 as the year proved to be another banner one. The company has captured 9 per cent of the Canadian mortgage market with assets at $10 billion and $2.9 billion in estimated volume.
David Franklin, CLMS Financial president, said during its 40th anniversary celebration: "We would like to thank all of our borrower clients, funding partners, and institutional clients for their ongoing trust and support. Their commitment to our company has helped us achieve consistent growth every year and secure our position as an industry leader."
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