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MKP – MCAN Mortgage Corp

Not Compliant

—X—

MCAN Mortgage Corp is not compliant with Shariah. The company is involved in Real Estate Credit and related activities.

$432,198,571

Market cap

79.21%

Revenue Growth

-

Analysts' Rating

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N/A

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0

Company Profile

MCAN Mortgage Corporation is a Canada-based loan company and mortgage investment corporation. The Company’s primary objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including single family residential, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans and real estate investments, including its investment in MCAP Commercial LP (MCAP). The Company’s wholly owned subsidiary, XMC Mortgage Corporation, is an originator of single-family residential mortgage products across Canada. Its diversified corporate lending portfolio includes residential construction, non-residential construction and commercial loans, all within Canada. Its corporate mortgages include insured and uninsured residential single-family mortgages, uninsured completed inventory loans, construction loans and commercial loans. The Company is also a mortgage-backed securities (MBS) issuer.

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