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 Csalgadoon Oct 20, 2017 4:18pm

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Post# 26838699

RE:RE:RE:Cohodes Says......

Despite the run-up that followed the Berkshire announcement, Cohodes says his short position in the lender is in the black: He began shorting Home Capital in the fall of 2014, when shares were trading in the low C$50s. They closed recently at C$13.92.

“In retrospect, I should have sold it at C$6, but I’m not that smart,” Cohodes says.

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