Business Description

Cameron Stephens High Yield Mortgage Trust (CSMT) is a Mortgage Investment Entity (MIE) focused on offering short-term residential construction/development mortgages in Ontario. Its manager, Cameron Stephens Mortgage Capital Ltd., has been in the mortgage business since 2004, and currently manages $3B in assets for financial institutions (such as Sun Life Financial/TSX: SLF, Laurentian Bank/TSX: LB, Equitable/TSX: EQB, Home Trust/TSX: HCG, MCAN/TSX: MKP, and Central 1 Credit Union), and three funds.


FRC Analyst's Reports

Cameron Stephens High Yield Mortgage Trust – A Fund Run by One of the Largest Alternative Lenders in Canada – Initiating Coverage May. 25, 2023