Canadian Alternative Mortgage Lenders Association (CAMLA)
CAMLA position paper highlights key similarities and divergences between lender types
Alternative and private mortgage lenders are often lumped together in Canada’s policy debates, but a new position paper from the Canadian Alternative Mortgage Lenders Association (CAMLA) draws a sharper line between the two and warned of rising risks if regulators do not do the same.
CAMLA, which represent non‑bank institutional lenders, said the distinction is not academic. It framed alternative lenders as regulated pools of capital operating under defined frameworks, and private lenders as mostly individuals making case‑by‑case loans with far fewer structural safeguards.
“Alternative lenders are regulated mortgage lending institutions that serve creditworthy borrowers who may not meet traditional bank criteria,” the paper said.
Full Read:
- Canadian Mortgage Professional. – https://www.mpamag.com/ca/mortgage-industry/industry-trends/whats-the-difference-between-alternative-and-private-lenders-in-canada/563819?hsmemberId=624931&tu=cab225e9-a56e-4453-ba7a-30cbd695b619&utm_campaign=&utm_medium=20260202&_hsenc=p2ANqtz-9WE4PNH2KksCNmrfCNQHn_izxBIMUWXSZQ8Gn3wVlhbcA1wymwBJTS2hQ_g7wwI-rEP9gG_4JSh8H5MyJ-zXRXouvtWsIquxdFGupJfJbgJh6E0xA&_hsmi=401571977&utm_content=cab225e9-a56e-4453-ba7a-30cbd695b619&utm_source=