An anonymous director reports

HOME CAPITAL GROUP UPDATES FEBRUARY 2018 FINANCIAL DATA

Home Capital Group Inc. has filed updated consolidated monthly balance sheet data as at Feb. 28, 2018, with the Office of the Superintendent of Financial Institutions (OSFI) for its subsidiary Home Trust Company to principally correct an inadvertent classification error between insured and uninsured residential mortgage balances.

Home Trust files certain financial data monthly as required by OSFI that are available on the OSFI website.

The attached table compares Home Trust's insured and uninsured residential mortgage balances as at Feb. 28, 2018, as originally filed with OSFI and as refiled to correct the classification error.

                      (thousands of dollars)  
                                                Feb. 28, 2018        
                           As refiled (1) As originally filed

Residential -- insured     $3,486,444              $4,559,454
Residential -- uninsured    9,774,518               8,700,906
Residential total          13,260,962              13,260,360

(1) Refiled figures are in the process of being updated on the 
    OSFI website.


  

For illustrative purposes, Home Trust's insured and uninsured residential mortgage comparative balances as at Jan. 31, 2018, and as at Feb. 28, 2018 (as refiled), are provided in the table.

                      (thousands of dollars)  

                            Feb. 28, 2018   Jan. 31, 2018
                               As refiled (1)    As filed

Residential -- insured         $3,486,444      $3,575,371
Residential -- uninsured        9,774,518       9,763,130
Residential total              13,260,962      13,338,501

(1) Refiled figures are in the process of being updated on 
    the OSFI website.


  

About Home Capital Group Inc.

Home Capital Group is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of insured residential first mortgage products, consumer lending, and credit card services. In addition, Home Trust offers deposits via brokers and financial planners, and through its direct to consumer deposit brand, Oaken Financial. Home Trust also conducts business through its wholly owned subsidiary, Home Bank.