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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
Post by DayOfReckoningon May 07, 2017 2:56pm
94 Views
Post# 26214165

Its a perfectly logical theory...

Its a perfectly logical theory...
That the masterminds at HCG were very good at quickly offloading questionable mortgages to ReCharge and others, where they would happily foreclose on the holder and sell the property into a scathing hot market...

What happens when those relief valves get taken away???? Who eats the losses??? Taxpayers or Shareholders??? How about the MIC's??? lol.....
Bullboard Posts