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Home Capital repays $2B line of credit from Warren Buffett's Berkshire Hathaway
Home Capital Group (TSX:HCG), the Toronto-based alternative mortgage lender that was on the verge of collapse earlier this year, says it has repaid a $2-billion line of credit from Berkshire Hathaway. The company was given the financial lifeline last Read More...
Home Capital gets investment, new $2B credit line from Warren Buffett's Berkshire Hathaway
Berkshire Hathaway, led by the renowned investor, says it will take a 38.39% stake in the mortgage lender and provide a $2 billion credit lifeline Embattled mortgage lender Home Capital just got a lifeline from the Oracle of Omaha. Berkshire Hathaway Read More...