Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (62391)	7/15/2019 9:34:03 AM
From: Goose94	Read Replies (1) \| Respond to of 202922

Home Capital Group (HCG-T) new 52 week high, $22.22

To: Goose94 who wrote (62391)	7/16/2019 8:13:59 AM
From: Goose94	Read Replies (2) \| Respond to of 202922

Home Capital Group (HCG-T) stunning comeback over the past six months raises questions about whether recent regulatory changes to Canada's housing market are benefiting some of the smaller players at the expense of Canada's Big Six banks. Home Capital chief executive officer Yousry Bissada says, "We believe we are seeing high-quality borrowers coming to us that would have qualified for the big banks in the past but no longer qualify under tighter lending regulations." Faced with steeply rising home prices in key markets of Vancouver and Toronto, regulators imposed stringent lending requirements on uninsured mortgages, starting in 2018. These changes are now being blamed for working: The housing market is off its boil. What is more, traditional banks are reporting abnormally slow mortgage growth. Growth slowed to just 2.3 per cent, year-over-year, in the big banks' fiscal second quarter and touched a 17-year low in December.