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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 Olimpuson May 24, 2017 11:55am
51 Views
Post# 26277691

RE:RE:RE:New Business Plan

RE:RE:RE:New Business PlanThat comment makes me wonder if you even understand the difference beteween insured and un-insured mortgages.  No market for them?  The bail in package make insured mortgages to big banks really no different than unisured.... infact it makes them higher risk.

An uninsured mortgage with 20-40 equitity is worth WAY more that a 5% insured mortgage no matter what valuation you use.  And they can buy mortgages that dont fit their lending practices.... they just cant issue them.  BIG difference :)


Bullboard Posts