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2 个月前
Canada's Home Capital agrees settlement with regulator
2017年6月14日 / 晚上11点11分 / 2 个月前

Canada's Home Capital agrees settlement with regulator

TORONTO, June 14 (Reuters) - Home Capital Group Inc said on Wednesday it had agreed on a settlement with the Ontario Securities Commission and accepted responsibiity for misleading investors about problems with its mortgage underwriting procedures.

Canada's biggest non-bank lender said that it would make a payment of C$10 million ($7.6 million) and reimburse the commission's costs of C$500,000. It also said that it would make a payment of C$29.5 million to settle a class action lawsuit. ($1 = 1.3234 Canadian dollars) (Reporting by Matt Scuffham)

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