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Home Capital chairman: mortgage lender will fight OSC allegations but focus on business | Latest News

Home Capital chairman: mortgage lender will fight OSC allegations but focus on business

TORONTO — The chairman of Home Capital Group says he remains confident about the lending company’s future despite recently announced allegations against the company, as well as two of its former CEOs and its current chief financial officer. An open ... read more

Home Capital benches two key players facing Ontario watchdog's allegations

TORONTO ONTARIO, – Home Capital Group (TSX:HCG) is benching two of the key figures at the centre of allegations filed against the mortgage lender last week by ... a statement of allegations by the Ontario Securities Commission, says its interim chief ... read more

Home Capital names mortgage sector veteran as CEO

Yousry Bissada, 57, will join the Toronto-based alternative mortgage lender on Aug. 3. The announcement comes three weeks after Home Capital (TSX:HCG) earned a vote of confidence from famed American billionaire Warren Buffett, whose Berkshire Hathaway is ... read more

Home Capital Founder Soloway to Step Down After OSC Allegations

The alternative mortgage lender ... the focus back on our profitable underlying business and its solid performance", said Home Capital Chairman Kevin Smith. Until then, Blowes, who was CFO between 2012 and 2014, will be interim CFO. Those allegations ... read more

Home Capital chairman mortgage lender will fight OSC but focus on business

TORONTO — The chairman of Home Capital Group says he remains confident about the lending company"s future despite recently announced allegations against the company, as well as two of its former CEOs and its current chief financial officer. An open ... read more

Home Capital chairman: mortgage lender will fight OSC but focus on business

TORONTO -- The chairman ... Following the OSC's allegations, Home Capital's stock (TSX:HCG) lost one-fifth of its value on Thursday, closing at $17.71 -- the lowest since August 2009. But Smith's letter says Home Capital's core business performed well ... read more

Home Capital chairman: mortgage lender will fight OSC but focus on business

TORONTO — The chairman of Home Capital Group says he remains confident about the lending ... OSC's allegations. 07/06 HOME CAPITAL: Announces Appointments of Executive Vice President, Strategy, and.. 07/06 HOME CAPITAL: Closes Tranche of Commercial ... read more
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