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Mortgage Broker News | 04 Aug 2015, 09:00 AM Agree 0
Home Trust delivered a message of confidence to its broker partners.
  • okay | 04 Aug 2015, 01:23 PM Agree 0
    Home Capital has a lot on their plate with the damage control. Publicly traded stock (TSE: HCG) is down from peak of November 2014 at almost $56 record high to $31 and a bit or about 45% loss. HCG is among other companies shorted by some CDN and US investors and considered one of the first to go belly up with upcoming real estate crash, due to a majority of uninsured mortgage securities in their portfolio and without fed interest of potential financial help similar to secret bailout 2008-2010 of our banking system often lauded for being one of the world's safest.

    http://www.cbc.ca/news/business/banks-got-114b-from-governments-during-recession-1.1145997
  • Ron Butler | 04 Aug 2015, 08:13 PM Agree 0
    Okay = Another conspiracy nut. Or ............. troll working for the short sellers.
  • Victor Simone | 04 Aug 2015, 10:40 PM Agree 0
    I feel badly for the good people at Home Trust, as this could have happened to any lender.

    I agree with Mr. Decina that sometimes no matter what safeguards one has in place that criminal minds will surely find away around.

  • okay | 05 Aug 2015, 02:47 AM Agree 0
    Lively discourse is the lifeblood of any healthy democracy. Readers are encourage in robust debates. Mr. Butler, please, avoid personal attacks and keep your comments respectful. There is no need to ridicule, bully or tear down anyone in hope to build your own authority.
  • Ron Butler | 05 Aug 2015, 02:23 PM Agree 0
    @ okay, this is an industry oriented site, if you are a secret poster the only rational assumption is that your failure to post your name is a function of deceitfulness, agenda driven bias or being a secret servant of vested interests. Sometimes what you call bullying (the new favorite watchword of PC fanatics) is really just pointing out the obvious
  • okay | 10 Aug 2015, 09:07 AM Agree 0
    We're both Morons Ron.
  • okay | 11 Aug 2015, 02:31 PM Agree 0
    @ okay, It's not in against the rules of this blog to post under pseudonym such as okay or Ron B., but it is against rules to impersonate. So okay please don't say that you are okay, okay?!
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