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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

Comment by wildrunner11on Sep 18, 2020 1:22pm
114 Views
Post# 31582095

RE:Q2/2020 + 1 month

RE:Q2/2020 + 1 month<p> Nice bump in the insured mortgages.&nbsp;</p> <p> Really glad our exposure to commercial mortgage is less then 10% of total mortgages though no idea how this compares to big 5 or EQB (any way to find out?). With people working from home and a lot of businesses needing to restucture to survive, commercial mortgages look risky to me.&nbsp;</p>
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