New year, new name for CMI Financial business units

The mortgage lending and investment firm is unifying its operations under the CMI brand

New year, new name for CMI Financial business units
Steve Randall

CMI Financial Group is unifying its business units under the CMI brand as it builds on its leading private lender position.

The Toronto-based firm offers mortgage lending and investment solutions and has expanded over its 15 years, having started as a family-owned mortgage brokerage.

"As we celebrate 15 years of excellence in the mortgage industry, this is a major milestone for the company. We are extremely proud of our brokerage roots, but our business has evolved significantly since our founding," said Bryan Jaskolka, Chief Operating Officer, CMI. "Our rebranding is in response to the company's remarkable growth and the adoption of a renewed corporate vision that better reflects our leadership position in the Canadian private lending and mortgage investment marketplace."

The firm’s various mortgage lending and investment businesses have operated under the Canadian Mortgages Inc. (CMI), CMI Mortgage Investment Corporation, Canadian Lending Inc., and Canadian Servicing Inc. names.

But going forward they will be: CMI Canadian Mortgages, CMI MIC Funds, CMI Mortgage Investments, and CMI Mortgage Services.

Investment businesses

While mortgage lending is a key element of CMI’s business, it also offers several services for investors.

Its CMI MIC Funds operation provides investors with the opportunity to participate in well-diversified, professionally managed residential mortgage investment portfolios. These are mostly first and second residential mortgages in urban markets. It has three distinct funds.

Meanwhile, the CMI Mortgage Investments business sources, underwrites, and offers fixed income mortgage investment opportunities that are backed by collateral security.

"We are driven by a desire to revolutionize access to private funds for consumers, investors, and the mortgage brokerage community alike," said Jaskolka. "Our mission is to continue shaping the private mortgage lending market by delivering innovative products and exceptional service."