MCAN Financial Group announces subsidiary's legal name change

The change accompanies MCAN's recently announced trade rebrand

MCAN Financial Group announces subsidiary's legal name change

Real estate investment firm MCAN Mortgage Corporation, which is now doing business as MCAN Financial Group, has announced that its wholly owned subsidiary XMC Mortgage Corporation has legally changed its name to “MCAN Home Mortgage Corporation”, effective April 01, 2022.

The change accompanies MCAN’s rebrand to MCAN Financial Group.

“This is an opportunity to move the MCAN story forward,” said CEO Karen Weaver. “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.”

Read more: MCAN Mortgage Corporation unveils new trade name

“MCAN is uniquely positioned for growth and these changes support our one team, one focus approach to success,” Weaver added.

The company also announced the appointment of Avish Buck, senior vice president and COO of MCAN Financial Group, as president of MCAN Home.

“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,” Buck said. “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.”