XMC iShares S&P US Mid Cap Index ETF

TORONTO, July 11, 2012 /CNW/ - XCEED Mortgage Corporation [TSX: XMC], a Canadian provider of residential mortgages, announced the launch of the new Super PRIME Mortgage. Super PRIME is an opportunity to save with low interest rates for customers who show a history of responsible credit management. Product Description XCEED Super PRIME is a fully-featured, five-year mortgage solution for customers with exemplary credit history that is competitively priced at XCEED Posted less 25 BPS. Customer Profile PRIME customers are fully-salaried or BFS Qualified and boast stellar credit histories. Product Details -- Purchase and refinance -- Available for 5-year mortgage terms only -- Minimum Beacon Score of 740 (all applicants) -- 90-day rate hold -- Maximum loan-to-value 90% purchase; 80% refinance (CMHC premium will be charged on refinance deals) -- 20/20 prepayment privileges -- Fully-salaried or BFS Qualified customers only -- Down payment from customer's own resources only for purchase transactions -- Monthly, bi-weekly, weekly, accelerated bi-weekly and accelerated weekly payment frequencies XCEED Super PRIME rewards high credit ratings with low interest rates! About XCEED Mortgage XCEED Mortgage Corporation, based in Toronto, is a Canadian provider of residential mortgages that it originates in Canada.  The Company has approximately $0.9 billion of mortgages under administration.  XCEED's shares are traded on the Toronto Stock Exchange [TSX: XMC]. To find out more about XCEED Mortgage Corporation, visit www.xceedmortgage.com. Xceed Mortgage Corporation CONTACT: Visit www.xceedmortgage.com or contact:Gleb Ioussoufovitch, Director Sales and MarketingXCEED Mortgage Corporationgioussoufovitch@xceedmortgage.com(888) 811-6660 extension 3243

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