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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

Home Capital Group Inc > How will Covid impact HCG??!
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Post by CanadianKiaon Apr 21, 2020 8:53am
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Post# 30933218

How will Covid impact HCG??!

How will Covid impact HCG??!what's everyone thoughts on HCG for Q2?

i know Q1 will look fine, as they would have performed well vs prior. but Q2 will be a struggle for everyone.

Real estate (im an agent) has been hit hard, so mortages will deteriorate for the next few months. 

Thoughts?
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