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Firm Capital Mortgage Investment Corp T.FC

Alternate Symbol(s):  FCMGF | T.FC.DB.I | T.FC.DB.K | T.FC.DB.L | T.FC.DB.J

Firm Capital Mortgage Investment Corporation is a Canadian mortgage investment company. The Company, through its mortgage banker, Firm Capital Corporation, is a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. Its investment objective is the preservation of shareholders' equity, while providing shareholders with a stable stream of monthly dividends from investments. The Company achieves its investment objectives through investments in selected niche markets that are under-serviced by large lending institutions. Its lending activities are focused on developing a diversified mortgage portfolio. Its mortgage banker acts as the Company's loan originator, underwriter, servicer and syndicator. Its mortgage portfolio includes conventional first mortgages, conventional non-first mortgages, related debt investments, debtor in possession loan and non-conventional mortgages.


TSX:FC - Post by User

Firm Capital Mortgage Investment Corp
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Post by Johnnysbackon May 02, 2017 10:31am
170 Views
Post# 26191868

Likely to drop

Likely to dropShares are likely to drop in my opinion, looks like the real estate over value bubble is going to burst or deflate a bit perhaps... As long as interest rates are stable I dont see a problem, but you might be able to get into FC in the 11's
Bullboard Posts
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