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Home Capital Group Inc 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 Stoogeon Sep 21, 2017 1:46pm
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Post# 26726744

RE:Universal shelf base prospectus

RE:Universal shelf base prospectus
Nipissing wrote: Can some explain what this means? I am assuming new shares are not being created. What part of the company is being sold and by whom? Can buffet gain more control if he is not the party selling?



You will find the answer to your question by reviewing the first couple of pages of the prospectus.
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