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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 Djwburron May 12, 2017 1:48am
76 Views
Post# 26235412

RE:RE:RE:RE:RE:RE:"Going Concern" warnings are reg. requirements..Nothing new

RE:RE:RE:RE:RE:RE:"Going Concern" warnings are reg. requirements..Nothing new You are forgetting that even if they pay off the LOC with HOOPP by selling off some of their portfolio of mortgages right away, they will likely still keep the LOC open which means 2.5% interest on any undrawn amounts. Don't mislead investors, that's what got HCG in this mess in the first place ;) 

Duxing wrote: Don't forget home no longer need to pay interest for those money having been withdrawn.
Don't try to fool people by only talking about the dark sides which had already been built into the current share price!
Don't create panic with bad intention!



Bullboard Posts