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

Bullboard Posts

Post by TITOOOon Oct 22, 2016 7:47am

282 Views

Post# 25373831

New measures that will add credit risk to lenders

The Department of Finance also announced today new measures that will be taken to add credit risk to lenders, in the form of a deductible or loss sharing arrangement, which would further hurt HCG's insured book.

Bullboard Posts

Options trading in a volatile macro environment