The group benefits from strong momentum with significant asset growth
MCAN Mortgage Corporation has announced its new brand identity that will see it conduct business as “MCAN Financial Group” moving forward.
“This is a milestone moment in the evolution of MCAN, a company with more than 30 years of experience delivering value to shareholders, partners, and clients,” said Karen Weaver, the group’s president and CEO.
While this is a trade name change and not a legal name change, Weaver stressed that the altered designation “represents a new phase for our company – one defined by continued focus on growth, fuelled by ingenuity, backed by real estate expertise and manifested by collaborative, fulfilling partnerships both internally and externally.”
Read more: MCAN Mortgage Corporation to raise funds for lending and investment business
As of Dec. 31, 2021, MCAN Financial Group held total assets of $3.8 billion, up by 40% from 2020 and up by 78% from year-end 2018. The robustness was driven by growth in all asset classes, MCAN said.
“In 2021, we achieved our best results not only financially, but also from a cultural perspective, growing as a team dedicated to diversity and excellence,” Weaver said. “"We’re a diverse team with many unique stories. Our culture has never been stronger, and our team has never functioned better.”
