Could diversified funding be the latest trend for alternative mortgages?

As the winds of change sweep across the lending landscape, regulatory underwriting guidelines are growing ever tighter. This puts non-bank clients in a precarious position, and mortgage brokers are feeling the pressure. With diversified funding as an option for credit-worthy borrowers, brokers can act as a beacon of hope, navigating a path toward mutual success…

Glasslake Funding ULC enters the non-bank mortgage sector to support growth and stability

With an opportunity to elevate the non-bank/alternative sector, Glasslake crafts focused mortgage products to address tightening credit and liquidity challenges for borrowers.   TORONTO, March 1, 2023 /CNW/ – Head quartered in Toronto, Ontario, Glasslake Funding ULC (“Glasslake”), a wholly-owned subsidiary of Bayview Asset Management, LLC (“Bayview”), announces their entrance as a steadfast funder for small commercial and residential…