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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 25, 2012 9:41am
214 Views
Post# 20640801

RE: Analyst Recommendation

RE: Analyst Recommendation

Jason knows this company well as anyone following the company for a long time will know. He's saying the same thing that I've said for years, that the shorts are engaged in a sector play and have not done extensive due diligence on HCG itself. The risk for us is that if the housing market does take a real dump, the share price of HCG could get dragged down even if the effect on their actual business is modest (2008 revisited).

Bullboard Posts