Today's reports...
• Glasslake brings unregulated U.S.-style financing to Canada
• Housing starts are simply inadequate
(Click links above for stories)
This & That
In the vast sea of non-OSFI-regulated non-prime lenders, the newly-launched Glasslake Funding is unique.
For one thing, few can claim to have the backing it does. Glasslake is a wholly owned subsidiary of U.S.-based Bayview, a global investment firm with over $15 billion of assets under management.
It