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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 Olimpuson May 01, 2017 11:04am
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Post# 26186885

RE:RE:How many will pull out money today?

RE:RE:How many will pull out money today?Not to mention if they STOP taking mortgages right now they have 800M in mortgagescoming out this year.  Some of this will be taken from GIC's but AS SOON as stability is reached money will start pouring in at the higher interest rate deposits.

IF HCG is not bought out it will hurt the buisness for years..... but worth less than $13-14 per share or $12 at a bargin basment buyout?  I dont think so


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