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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

Home Capital Group Inc
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Comment by dregerlon Apr 27, 2017 3:06pm
74 Views
Post# 26175619

RE:RE:RE:Genworth is NEXT

RE:RE:RE:Genworth is NEXT And your point is what?!

If OSFI makes more mortgage underwriting changes i.e. tighter guidelines and then GENWORTH and CMHC come out and say that 90% (hypothetical) of mortgages approved before wouldn't be approved now - so what. They were underwritten based on the present day and not on tomorrow's guidelines.
If GENWORTH is going to be shorted it is going to be shorted for reasons totally different from HCG,
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