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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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(2)
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Comment by Roxy27on May 12, 2017 8:45am
85 Views
Post# 26235909

RE:RE:They can only borrow 26 cents against pool B

RE:RE:They can only borrow 26 cents against pool BIncorrect comment/conclusion; I'm listening to call now and it has been confirm that ratio is 2:1 not 4:1 as you've incorrectly noted. HCG has unsused capacity under that $5.4 collateral pool, so this is untapped liquidity.
Stick with facts and go under the surface of the headlines. 
Bullboard Posts
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