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Bullboard - Stock Discussion Forum 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.... see more

TSX:MKP - Post Discussion

MCAN Mortgage Corp > Will this company do well regardless of Cdn real estate mkt
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Post by frances1 on May 01, 2022 9:23am

Will this company do well regardless of Cdn real estate mkt

This looks very attractive for a dividend portfolio....14% returns over the last 5 years...If the Canadian housing markets turns down will this affect MCAN and the dividend? are their exposures to the Cdn real estate market to be aware of with MCAN
Comment by JayBanks on May 01, 2022 2:20pm
I don't have useful numbers or insight to give, but I'm not worried about them or the dividend in this environment. They survived some change or regulation periods that affected how many people could get in the market in at the low end, these new regulations seem to be aimed at loosing people in the high end and bringing house prices into ranges that the low end can get into safely. I ...more  
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