10:01 AM EST - MCAN Mortgage Corporation : Reported strong net income for the first quarter ended March 31, 2021 of $15 .9 million ($0.64 earnings per share) compared to a net loss of $9.7 million ($0.40 loss per share) for the same period in the prior year. Results for the first quarter of 2021 were impacted by an increase in fair value gains on our marketable securities, increased equity income from MCAP and growth in our core business compared to the first quarter of 2020. MCAN Mortgage Corporation
shares T.MKP are trading down $0.02 at $17.96.
