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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
Post by davidaudon May 07, 2012 5:57pm
276 Views
Post# 19881952

Target for net assets

Target for net assets

I thought when the securitized motgages were put back on the balance sheet under IRFS that the 13 -18 increase in net assets was too high a target. However if Gerry successfully moves some of these off the balance sheet with his 'income strip' sales as discussed during the CC, HCG might yet meet the target.

Bullboard Posts