This via Canada's Financial Post

  • Alternative mortgage lender Home Capital Group Inc. said Thursday discussions with potential investors on the sale of certain loan portfolios are on the table to shore up its liquidity, but uncertainty around its future funding abilities casts "significant doubt on the Company's ability to continue as a going concern."

More at the Post story, here

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If you've been following along with HCG, its had a bit of financial strife. From a sider perspective there have been worries of 'contagion; effect:

  • Did the bell just ring for a plunge in Canada's real estate market?
  • Liar loans threaten to kick off Canadian housing crunch as scandal hits
  • Blackrock warns not to ignore Home Capital 'woes' (I reckon they're right)
  • Canada's HCG: risk of disorderly fallout, could hurt credit markets, economy