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 Funinthesun1on Jun 29, 2017 5:18pm

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Post# 26421678

RE:Liquidity still going up!

This whole debacle of loosing funding is over.

codyess wrote:

https://www.homecapital.com/press_releases/2017/HCG%20Update%20Liquidity%20June%2029%202017.pdf

Aggregate available liquidity and credit capacity stood at approximately $1.51 billion including the undrawn amount of $350 million under the Company’s $2.0 billion credit facility.

Home Trust High Interest Savings Account (HISA) deposit balances stood at approximately $113 million.

Total Guaranteed Investment Certificate (GIC) deposits, including Oaken and broker GICS, stood at approximately $12.13 billion and Oaken savings accounts stood at approximately $154 million.