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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

Bullboard Posts
Comment by DaveAuon Nov 16, 2007 4:08pm
209 Views
Post# 13821957

RE: VISA IPO

RE: VISA IPOThats why I said "almost". I was pretty sure they should have a share in the gains but I just don't know how to get an estimate. The banks are booking gains in the hundreds of millions and news articles are saying there are more gains to come when it actually starts trading. I assume that HCG gets a share proportional to the amount of business they do so it will be far smaller than the banks but it still might be material.
Bullboard Posts