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Mcan Mortgage Corporation
16.05
0
0%

Overview

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Description

Mcan Mortgage Corporation is a distinct company in the financial services industry, primarily engaged in the origination and management of mortgage investments. It operates with the primary function of investing in Canadian residential and commercial mortgages, providing capital to mortgage brokers, and offering mortgage securitization services. A highlight of Mcan Mortgage Corporation is its focus on generating income through these mortgage investments, catering to the real estate and housing finance sectors. Additionally, the corporation strategically participates in the Canadian National Housing Act Mortgage-Backed Securities program, enhancing its portfolio with government-backed securities. The financial entity is also involved in a diversified loan portfolio, including construction loans, which serve to further stabilize its revenue streams. As an integral part of the Canadian mortgage market, Mcan Mortgage Corporation plays a crucial role in facilitating housing finance while providing investors with unique exposure to the mortgage-backed securities domain. Its activities support the broader real estate market by enabling financing solutions that assist in housing development across Canada.

About

CEO
Mr. Derek G. Sutherland C.A., CPA, CBV
Employees
160
Address
200 King Street West
Suite 700
Toronto, M5H 3T4, ON
Canada
Phone
416 572 4880
Instrument type
Common stock
Sector
Financial Services
Industry
Mortgage Finance
Country
United States
MIC code
PINX
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