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TSE:MKP
MCAN Mortgage Corp (MKP.TO)
24.54
+0.20 (0.82%)
as of Jun 16, 2026, 8:00:00 pm Market Open.
62 watching
Financials 
Technical Analysis 0
TOP PICK
BUY
Has about $250 million of market cap but nobody covers it. About 68% payout ratio. Lends to people who do not qualify for their own private mortgages as well as host construction. Good spread of about 7%. Low payout ratio. Yield of well over 7% and give an extra bonus at the end of the year if they've done well.
Charles DillinghamOwned
financeleasing
BUY
Well run company. Bought a lot of mortgage portfolios last year and did very well, but will not quite as well this year. They are like an income trust in that they have to pay out 100% of their profits. Won’t get a huge growth in the company. Usually have a top-up dividend in the 4th quarter. Solid company.
financeleasing
Showing 16 to 21 of 21 entries
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(A SHORT) Primarily subprime mortgage lender almost solely focused on single-family housing. Looking at the housing market data starting with Vancouver and the Toronto condo market, which is now spreading into single-family market elsewhere, you are seeing sales down and listings up. Looks like Phoenix and Florida circa 2006 to him. You are going to start to see inventory build dramatically over the next 6 months and then you start to see prices really fall. Thinks there is 20%-30% downside.