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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 2:09pm
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Post# 26188005

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

RE:RE:RE:RE:RE:RE:How many will pull out money today?I would bet my entire life savings that every bank has these "bad loans" on their books just like HCG.  In fact I would say less than most of the sector because they have one of the LOWEST delinquency rates in the sector.  

People saying that HCG is going to go under from this 2billion dollar LOC havent looked at Sedar.  Again once things stabilize and the interest rate is increased money will start coming back in offsetting GIC losses.

This is in no way FIXED but to say this company is going under with the information we have at hand is just SILLY 


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