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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 26, 2017 8:26pm
86 Views
Post# 26291058

RE:RE:Waiting to see how the Bulls

RE:RE:Waiting to see how the BullsEven more to be worried about... issuing mortgages to lenders who don't qualify for a mortgage with a real bank. Not only that, handing out mortgages in an overpriced market. This of course not even taking into consideration how questionable the lending was in the past.

Most of you who think all of those questionable loans are somehow off the books because these people all of a sudden are able to go to a real bank are kidding yourselves. The fact nobody is really liking their latest liquidity statement tells me that you're starting to worry. If not, you will worry the day the stock is halted pending an update that will more than likely drop the stock to $3 or less. This day is coming sooner than you think.



Duxing wrote: If u know anything about numbers, do the cal.
it clearly tells HCG is selling new mortgage again.


Bullboard Posts