Mcan Mortgage Corporation Logo

Mcan Mortgage Corporation (885)

FSX

Currency in EUR
14.60
-0.20 (-1.35%)

Real-time Data

06:00 AM

Day's Range

14.60
14.60

52 wk Range

11.60
16.00

Profile - 885 - Mcan Mortgage Corporation

Profile

Mic Code

XFRA

Sector

Financial Services

Industry

Mortgage Finance

Employees

163


Mcan Mortgage Corporation is a financial services company that primarily focuses on the origination, acquisition, and management of Canadian residential and commercial mortgages. This corporation plays a critical role in the housing finance sector, contributing to the development and accessibility of real estate by providing innovative mortgage products. Operating as a mortgage investment corporation (MIC), Mcan Mortgage Corporation pools capital from investors to fund a diversified portfolio of mortgage investments, offering a balanced approach to risk and return. Notably, it serves an important niche within the broader real estate market, particularly appealing to those seeking opportunities in the Canadian mortgage landscape. By maintaining a strategic blend of insured and uninsured mortgages, as well as participating in other real estate investment opportunities, Mcan Mortgage Corporation supports both stability and growth in the housing market. Its activities extend to providing shareholder dividends, reflecting its profitability and commitment to shareholder value, while ensuring compliance with rigorous Canadian regulatory standards. With its headquarters in Toronto, Ontario, Mcan Mortgage Corporation remains a significant entity within Canada's financial landscape, influencing the mortgage industry and complementing the real estate financing ecosystem.

Profile Details

Type

Common Stock

Address

200 King Street West

City

Toronto

State

ON

Zip

M5H 3T4

Country

Canada

Phone

416 572 4880

The information on this page is provided for general informational purposes only and is not investment advice.

Market data provided by Twelve Data. Charting by TradingView.

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