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MCAN Mortgage Corp T.MKP

Alternate Symbol(s):  MAMTF

MCAN Mortgage Corporation is a Canada-based loan company and mortgage investment corporation. Its objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including residential mortgages, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans, and real estate investments. Its lines of business include three divisions: MCAN Home, MCAN Capital and MCAN Wealth. MCAN Home is its residential mortgage lender that partners with accredited mortgage professionals to offer both insured and uninsured mortgage solutions across Canada. MCAN Capital focuses on financing and investment opportunities in the construction and commercial loan markets, real estate investment trusts (REITs), and private investment funds focused on lending to and developing Canadian communities. MCAN Wealth offers investors Canada Deposit Insurance Corporation (CDIC) insured investment solutions.


TSX:MKP - Post by User

Bullboard Posts
Comment by thompsonljon Oct 15, 2008 10:01am
803 Views
Post# 15526379

RE: I see the sp down

RE: I see the sp downHey, thanks a lot , that is certainly a good bit of info and explanation.I'm going to take your valued advise and email the co. .I'll certainly let you know the outcome.As of the last email I recieved there looks to be 47 mill in cash on hand so that alone should help in getting funding,  by ths I gather it would look as though they can make payments giving them a good credit rating would I be correct in this thought. Thanks for your time in any responce. 
Bullboard Posts