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.

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Home Capital Group Inc

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Comment by mmsl7751on Jul 20, 2017 4:27pm

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Post# 26492477

RE:RE:RE:RE:RE:RE:Any Reason for HCG CRASHING TODAY?

once they closed the liquidation gap, HCG management team can claim the victory.

2j3kl wrote: That will be such a substantial bench post that a news release seems very probable.
They did announce when the first tranche of the commercial sale was completed , so the sale of the final tranche of $900 million will almost certainly be announced .

Which means that HC was renting BH $2 billion loan for just 3 weeks or so..

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Geologica Resource: Polymetallic upside at a depressed price