CMLS Financial Ltd.: Canadian Leader in Commercial Mortgages Moves Another Step Closer to Launching its Residential Mortgage Business

TORONTO, ONTARIO--(Marketwire - Sept. 28, 2012) - CMLS Financial Ltd. is pleased to announce the appointment of Jill Porter, Director of Residential Underwriting, for its newly formed Residential Mortgage Business.

Reporting directly to Kevin Fettig, Vice-President of Residential Risk, Porter is a well-known figure in the Canadian Residential Mortgage Industry having spent the majority of her professional career in various senior credit oriented roles with two of the largest residential lenders in Canada. Jill also sits on the Canadian Association of Accredited Mortgage Professionals (CAAMP) Professional Standards Committee whose mandate is to identify and encourage high standards of professional practice in the mortgage industry.

"We are delighted to have been able to bring Jill on board at CMLS Financial. She has extensive knowledge of both residential mortgage credit and the Canadian Mortgage Brokerage industry," says Chris Brossard, President of CMLS Financial.

"I am excited to be a part of building our new residential mortgage division at CMLS Financial and look forward to providing best in class service to the Mortgage Brokerage Community," says Porter.

About CMLS FINANCIAL LTD.

CMLS Financial is Canada's largest independently-owned commercial mortgage services operation.

Established in 1974, CMLS Financial has experienced exceptional growth and today, originates approximately $2 billion worth of new mortgage lending annually from its offices in Vancouver, Calgary, Toronto, Montreal and Halifax. Its current assets under administration are in excess of $6.0 billion.