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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.


TSX:HCG - Post by User

Home Capital Group Inc
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Comment by MDawg65on Aug 17, 2017 6:02pm
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Post# 26594035

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Why the KPMG report matters

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Why the KPMG report mattersyes i did

But the point is still the same. The conditions precedent in the US market are not the same and not the same size and breadth. so you therefore you can't draw the same conclusions - Canada and the US markets are not the same-

we didn't have real estate crash in 2008 for a reason. why not?  some of the same reasons and with the current govt actions on mortgages will stop a crash from happening

because employment levels are growing and interst rates are low.

you just keep forgetting the fundamental equation.  people with jobs pay their mortgages.
the Canadian economy is doing well. I would have thought that the oil price crash would have caused a crash but it looks like it has not crashed.  you might be right in a year or two.

but you believe your own set of  irrelevant facts ( us mortgage market) ignoring key ones from Canada  and form your own opinions.


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