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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 03, 2017 11:01am
123 Views
Post# 26197939

RE:RE:RE:RE:RE:Banks To Replace Hoopp loans

RE:RE:RE:RE:RE:Banks To Replace Hoopp loansWhat IS known is bad... but we are still down over 70% in a short amount of time which easily accounts for teh troubles the company is having.

The recent pressure on the Canadain banks is great for the chanes of a HCG turn around.  People say otherwise but in my short time investing market sentiment has more relevence with SP than the actual fundimentals of the company or a sector.  

If an event like this is not cleaned up it tarnishes the entire sector and can create the event that shorters are hoping for.  The key word here is CREATE the event, not predict it.  As much as banks want to publicly distance themselves they are working hard to prevent a collapse of the company which could start a snowball effect on the entire sector
Bullboard Posts