Dangerous opportunities : the future of financial institutions, housing policy, and governance
"The 2017 Home Capital saga represents the shortcomings of a financial system challenged by distinct, siloed regulatory frameworks that fail to communicate with each other. Home Capital is a publicly traded company that acts as a lender through the Home Trust Company, most often providing mortgages to clients rejected by traditional banks. Home Capital's 2017 announcement that it required 2 billion to sustain a 600 million loss shook customer con...
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