CMLS Financial Ltd - corporate admin

By: Cmls  09-12-2011
Keywords: Mortgage

CMLS Financial Ltd. (CMLS) provides institutional investors with support in the administration of corporate mortgage holding companies. Holding mortgages within a corporation can be advantageous to some investors, particularly non-taxable investors such as pension funds.

CMLS can help as follows:

  • acting as directors and or officers
  • maintaining legal records
  • ensuring compliance with tax and regulatory filings
  • keeping the accounting records and preparing financial statements
  • conducting periodic valuations of each mortgage and of the corporation(s) for the purposes of performance measurement
  • hosting external auditors

With CMLS involved, the imposition of a corporate holding company can be a completely hands-off process for the institutional investor.

Keywords: Mortgage

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