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MCAN Announces Rebrand, Changes XMC Mortgage to MCAN Home

MCAN Announces Rebrand, Changes XMC Mortgage to MCAN Home Canada NewsWire ...

articleMcan Mortgage CorporationApril 5, 20225/company/mcan-mortgage-corporation/news/mcan-announces-rebrand-changes-xmc-mortgage-to-mcan-home
MCAN Announces Rebrand, Changes XMC Mortgage to MCAN Home

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[{"type":"text","content":"\n \n \n \n MCAN Announces Rebrand, Changes XMC Mortgage to MCAN Home\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n April 5, 2022\n \n \n /CNW/ - MCAN Mortgage Corporation d/b/a/ MCAN Financial Group (\"MCAN\" or the \"Company\") (TSX: MKP), a leading Canadian real estate investment firm, announced that effective\n \n April 1, 2022\n \n , its wholly owned subsidiary, XMC Mortgage Corporation, has legally changed its name to MCAN Home Mortgage Corporation.\n \n \n \n \n \n \n \n \n \n The change is being announced in conjunction with the Company's rebrand to MCAN Financial Group. \"This is an opportunity to move the MCAN story forward,\" said CEO\n \n Karen Weaver\n \n . \"There is significant opportunity for company growth and the development of new strategic partnerships led by our visionary executive leadership team and the many individuals who make a daily impact on our business.\"\n \n \n MCAN, a federally regulated mortgage investment corporation since 1991, provides homeowners with customized mortgage solutions and investors with unique access to the Canadian real estate market. This change aligns the residential lending business with the Company's investments and term deposits business channels, MCAN Capital and MCAN Wealth, respectively.\n \n \n \"MCAN is uniquely positioned for growth and these changes support our one team, one focus approach to success,\" said Weaver.\n \n \n The Company also announced that Avish Buck, Senior Vice President and Chief Operating Officer of MCAN Financial Group, has also been appointed President of MCAN Home.\n \n \n \"MCAN Home represents more than a name – it's a reflection of the way we partner with mortgage professionals across the country to design the right mortgage solutions for Canadians,\" said Buck. \"We like to say that every story begins at home. Our clients, like our team, are diverse and ambitious. They have unique goals and stories. We empower them with what they need to achieve those goals and tell those stories.\"\n \n \n MCAN ...

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