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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 MDawg65on May 02, 2018 11:30am
81 Views
Post# 27970288

RE:Have you looked into the vulnerability ...

RE:Have you looked into the vulnerability ...yes there are about 1,000 customers who are underwater. minimal impact- you are wildly overstatingthe the case. YOY decline is a consequence of the massive run up to last year. The govt' engineered this decline on purpose.  Economy is still at full employment. NOT a full downturn at alll. Demand is still very strong, in particular for houses sub $ 1mn range

Bullboard Posts