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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 stockseeron Apr 20, 2017 2:03pm
175 Views
Post# 26144354

Why ?

Why ?I don't own this stock - however my question - why aren't there any mechanisms to prevent such situations from happening in the first place ? I know that investing in a stock market is a risk one takes and a stock taking a beat if a company does not meet earnings expectations or market corrections or changes in price of Gold & Oil can affect stock prices but surely the kind of occurrence that caused this to fall apart & caused loss to so many - there has to be some mechanism to put in place
Bullboard Posts