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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 dusoft24x7on Apr 30, 2017 11:52pm
158 Views
Post# 26185624

May 4, 1PM : OSC, HCG hearing

May 4, 1PM : OSC, HCG hearingIt will be clear on May4 what OSC wishes and if HCG will seek court action. OSC is also on the hook to clear expenses and pay up their bills so it will be interesting if HCG says NO and see you in court.

BTW, OSC has only sounded intent and not proved any allegations. If OSC backdown, the legal challenge is diluted to mere noise.

Shorts should pay up OSC, to continue to stay on their side otherwise shorts are totally screwed !!
Bullboard Posts