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Home Capital Group Inc 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 ERTguyon May 11, 2017 9:11pm
123 Views
Post# 26234738

Why on earth are people even talking mortgages?

Why on earth are people even talking mortgages?This sell off is only fuelled from a direct result of a run on GICs strictly from an accusation which has yet to be proven.  The intrinsic value of this company remains intact and is selling at a huge discount to today's closing price.  Tomorrow will be a negative day but this goes higher short term.  Cheers
Bullboard Posts