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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 03, 2017 7:30pm
124 Views
Post# 26200668

RE:RE:RE:RE:RE:Yikes

RE:RE:RE:RE:RE:Yikes
riverrow wrote: If HCG mortgages are 70% of assessed value than house prices will have to drop 30% before people consider walking away from their mortgage. If house prices in GTA drop 30% the influx of foreign buying will make your head spin.


You cant walk away from your mortgage in canada.... this is the kind of stuff Im talking about.  
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