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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
Comment by Olimpuson May 01, 2017 11:26am
98 Views
Post# 26187042

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

RE:RE:RE:RE:How many will pull out money today?You are silly.  Until they have shored up cheaper financing and have a new buisness plan they will not continue to TAKE on more mortgages at a 11-12% loss.

They are in DAMAGE CONTROL. It is not good for buisness but it WILL prevent them from going under.


Bullboard Posts