Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 whitehorn1on Jul 30, 2015 12:31am
244 Views
Post# 23974596

Is this the prelude to the burst of Canada's housing bubble?

Is this the prelude to the burst of Canada's housing bubble?BNN market call over the last couple of years, Home Capital was mentioned many times on the show. Most of the time comments and feedback were based on the bullishness of the Canada's Housing sector as Home Capital continued to climb. It does not look very good at the moment - in fact this most likely signals the top of the housing cycle. USA hedge funds are shorting the stock and believe at present it is the No. 1 for shorts on the TSX. Good work from the Progressive Conservatives creating the bubble. Flaterty introduced the 0 down, 40 year mortgage when Canada economy was doing very good around 2005ish. Just adding fuel to the fire for the next 10 years. Now were going to pay for it dearly in Canada.
Bullboard Posts