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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

Comment by 2young2investon Mar 16, 2023 11:01am
247 Views
Post# 35342425

RE:RE:Why insiders are selling?

RE:RE:Why insiders are selling?I kind of have the same thoughts, but one of the reasons to terminate agreement is this:
"there has occurred a Material Adverse Effect after the date hereof which is incapable of being cured on or prior to the Outside Date."

HCG already had a bankrun before and this kind of things happen on a whimp thanks to internet and people are anxious after SVB.
I'm pulling all my funds from HCG at the moment, for a different reason though.

Just trying to see if these 8% worse the risk.

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