Home Capital Group Inc HMCBF

Primary Symbol: T.HCG

Home Capital Group Inc. is a Canada-based holding company that operates through its principal subsidiary, Home Trust Company (Home Trust). Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank offer deposits through brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Its mortgage lending includes classic single-family residential lending, insured residential lending, residential commercial lending, and non-residential commercial lending. Its consumer lending loan portfolio comprises credit cards, lines of credit and other consumer retail loans. In addition, the Company manages a treasury portfolio to support liquidity requirements and invest excess capital.

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Home Capital Group Inc

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Comment by MDawg65on May 31, 2017 5:45pm

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Post# 26308303

RE:RE:RE:MORGAN STANLEY NOW BUYING UP TO 7% OF VOLUME IN LAST 10 MIN

I wish but it seems like everyone is waiting for the HOOP loan to be taken out and the new CEO and CFO to be hired.

as long as the deposits remain stable the terms for the HOOP replacement loan will be better.

if they tried to get the replacement loan while depositors were walking out the door, then the rates and term would be too high.

its going to stagnate in the 9 range until a major development occurs

No one wants to take a chance quite yet. for everyone that wants in at 9 there seems to be someone willing to sell out at 9.

w

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