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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 MDawg65on May 24, 2017 11:51am
38 Views
Post# 26277673

RE:RE:RE:RE:RE:Mortgage market is robust.

RE:RE:RE:RE:RE:Mortgage market is robust. sub prime borrowers were a much larger portion of the market
current default rates still much lower
interest rates are still at generational lows
unemployment rates still low
canadian urban centre populations are continuing to grow.

recent tax measures will dampen the growth but not stop the rise of house price as long as interest rates are kept so low- 

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