MCAN Mortgage Corporation (MKP.TO)
MCAN Mortgage Corporation operates in the Financial - Mortgages industry of the Financial Services sector, headquartered in Toronto, ON, CA. The stock last traded at $23.28, down 0.60% on the session, giving a market capitalisation of $947.5M. Its beta of 0.68 implies it has historically moved less than the broad market.
MCAN Mortgage Corporation is a Canadian financial entity that specializes in mortgage and loan investments. Its extensive lending activities encompass financing for single-family homes, capital for both residential and commercial construction projects, and general commercial loans. Beyond direct lending, the corporation also participates in real estate investment trusts and engages in various private investment ventures. To fund these operations, MCAN provides term deposits, made available through a network of independent financial agents. Established in 1980, the company is based in Toronto, Canada, and adopted its current name, MCAN Mortgage Corporation, in September 2006, having previously operated as MCAP Inc.
MCAN Mortgage Corporation is most often compared with the following Financial Services names: