Home Capital sees impact of mortgage changes

[ahlam1399]

http://static-global-s-msn-com.akamaized.net/img-resizer/tenant/amp/entityid/BBJbaEa.img?h=100&w=100&m=6&q=60&o=f&l=fTORONTO - Home Capital Group Inc. believes early results from this year suggest that mortgage business may be migrating to the alternative lender after the federal banking regulator introduced tougher rules for uninsured mortgages at the beginning of the year ? even though it too is required to abide by the requirements. Preliminary indicators also suggest the credit quality of Home Capital mortgage originations is improving after the new rules were ...

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