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.

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Home Capital Group Inc

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Post by WBuffett1on May 20, 2020 5:16pm

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Post# 31053372

!! HCG Insider Buying Alert !!

HCG director Claude Lamoureux spent about $100k to purchase 6000 shares on May 14/15th. This was his second time buying since the market meltdown.

Claude Lamoureux was the former President and CEO of Ontario Teachers Pension Plan, which is one of the largest pension plans in Canada with assets under management of over $200 billion.

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