Home Capital

• Canadian mortgage lender Home Capital to be acquired in $1.7B deal

  Smith Financial Group said Monday it will pay $44 in cash per share for the shares in Home Capital it does not already own. Home Capital shares last closed at $27.05 on the TSX.

  Economy

  Nov 21, 2022
  
• Joe Natale, former Rogers CEO, nominated to lender Home Capital’s board

  Home Capital says the election will take place at its annual meeting next month.

  Canada

  Apr 12, 2022
  
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• Home Capital cuts 65 jobs as part of cost-saving, head count down 10% since June

  Home Capital said Monday it cut the 65 full-time positions from its operational, sales and underwriting division.

  Consumer

  Oct 2, 2017
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• Home Capital shareholders turn down Warren Buffett’s additional investment

  Investors in the troubled mortgage lender voted down an additional $247 million investment from Buffett.

  Money

  Sep 12, 2017
• Home Capital $11 million settlement accepted by Ontario Securities Commission

  The agreement is conditional on the Ontario Superior Court accepting a settlement worth about $29.5 million including the money available through the OSC process.

  Canada

  Aug 9, 2017
• Warren Buffet’s company invests into troubled Home Capital Group

  The firm led by famous American investor Warren Buffett has bought into Home Capital -- a Toronto-based lender that offers so-called alternative mortgages.

  Economy

  Jun 22, 2017
• Home Capital looking to speed up CEO search after Ontario’s securities watchdog allegations

  Savers have been pulling their deposits out of the cash-strapped lender since the Ontario Securities Commission alleged last month that the company misled investors in its handling of a scandal involving falsified loan applications. Home Capital has said the allegations are without merit.

  Consumer

  May 15, 2017
• Why this may be the best summer ever to spend your vacation in Canada

  First, it's Canada's birthday. Second, the exchange rate is horrible.

  Canada

  May 15, 2017
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• Moody’s downgrades Canadian banks: Beginning of the end for the housing market?

  Experts see little chance of a U.S.-style meltdown, but the market may have turned a corner.

  Canada

  May 11, 2017
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• Home Capital finds potential buyer for up to $1.5B of its mortgages

  Home Capital didn't disclose what the buyer would pay or when a firm deal would be concluded.

  Canada

  May 9, 2017