Xceed Mortgage Corp. (XMX-TSX)
Interview with:
Ivan S. Wahl, Chairman and CEO
Business News, Financial News, Stocks, Money & Investment Ideas, CEO Interview
and Information on their specialized
single-family home mortgage lending for Canadian markets.

 

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Xceed is a specialized single-family, residential mortgage lender, focusing on a rapidly growing sector in the Canadian mortgage market

Financial
Mortgage Lending
(XMX-TSX)

Xceed Mortgage Corp.


Ivan S. Wahl
Chairman and CEO

Interview conducted by:
Lynn Fosse, Senior Editor
CEOCFOinterviews.com
July 14, 2005



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“There was a dramatic shift in both the direction and the vision of the company. The sub-prime mortgage business in Canada is developing very quickly and it is still very much in its emerging stages, unlike the United States where the sub-prime mortgage business has been around for 25 years. There is a tremendous opportunity for our company to have dramatic growth, simply because we are taking advantage of an under-serviced market in Canada. We started in April of 2002, and here we are three years later where we have taken the asset base from $125 million to $1.3 billion, as well as having significant growth in earnings and earnings per share.” - Ivan S. Wahl

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