Retail deposits are supported by deposit insurance (CDIC) Loan portfolio is primarily first residential mortgages Good asset quality and favorable credit history Lean cost structure Very strong capital ratios and strong operating earnings Strong mortgage origination, underwriting, and collection infrastructure Limited business diversification given relative size Operational risk associated with rapid growth Collateral lender Effectively mono-line business in first mortgage lending Dependence on broker distribution channels for origination Geographic concentration in Ontario Distorted core revenues and net income due to gain on sale accounting The ratings on Toronto-based Home Capital Group Inc. (Home Capital; TSX: HCG) and Home Trust Co., a federally regulated trust company and a member of the Canadian Deposit Insurance Corp. (CDIC), reflect the company's strong and
