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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
Post by TITOOOon Sep 06, 2017 5:47pm
56 Views
Post# 26663627

Renewers?

Renewers? Well, let’s see what protocol the banks adopt once the OSFI (regulator) guidelines are made clear. If real estate markets deteriorate after the rate hikes and rule changes take effect, it’ll be risk on for the Big Six. People who bought houses without a stress test and 2.3% mortgages could be in a for a shock if they’re offered less or to pony up some cash upon renewal.
Bullboard Posts