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CMLS Financial

Discussion
fintechwealth-management

Company facts

Founded
1974
Headquarters
Canada
CEO
Sam Brown

About

CMLS Financial stands as one of Canada's largest independently owned mortgage services companies, proudly serving as 'Canada's Mortgage Company' for over five decades. Founded in 1974, the company has grown from humble beginnings with just two employees to a national powerhouse with offices coast-to-coast, including Vancouver, Calgary, Edmonton, Winnipeg, London, Toronto, Ottawa, Montreal, and Halifax. What differentiates CMLS Financial from other mortgage providers is its Customer Forward approach - a promise to put client needs ahead of the company's own, whether working with residential homeowners, commercial borrowers, institutional investors, or funding partners. With over $45 billion in assets under administration as of 2023, CMLS Financial has established itself as a trusted partner for Canada's most prominent banks, investment managers, insurance companies, and pension funds. The company offers a comprehensive suite of services spanning commercial lending, residential mortgages, and institutional services including mortgage servicing, capital markets solutions, and asset management through its CMLS Asset Management subsidiary. In June 2024, CMLS Group announced its acquisition by nesto, a leading fintech mortgage company, positioning the combined entity to build Canada's mortgage ecosystem of the future while maintaining CMLS Financial's commitment to exceptional service and innovative mortgage solutions.

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