Canada's Home Capital seen as no test for contagion

摘要

Canada's home capital croup is a poor test of contagion risk, according to US regulators looking at the mortgage lender's derailment. The near collapse of HCG, Canada's largest non-bank mortgage lender, barely impacted the nation's five largest lenders. Regulators are taking it as a sign that contagion risks from the unregulated financial firms may not pose significant threats to highly regulated banks.