The Globe and Mail reports in its Thursday, Aug. 25, edition that Home Capital Group (HCG) ($27.68) tumbled then soared this week after someone identifying as an HCG short seller called "The Friendly Bear" on the website Seeking Alpha on Tuesday highlighted more than a dozen mortgages the lender transferred last year to a mortgage brokerage called Re-Charge. The Globe's Tamsin McMahon writes that one of Re-Charge's directors is William J. Walker. HCG appointed Mr. Walker to its board as an independent director last November. The post's author alleges HCG should have disclosed its financial dealings with Re-Charge and Mr. Walker. The posting states: "Our hypothesis: Home Capital Group does not want anyone to know that a company owned by one [of] its purportedly independent board members is taking defaulted loans off their books. ... The only logical reason a growth-starved lender would transfer loans off balance sheet is to hide non-performing loans." HCG confirmed Wednesday it had sold $125-million in loans between 2013 and 2015 to "third parties," including Re-Charge. HCG said it had stopped doing business with Re-Charge last September, two months before Mr. Walker was appointed to the board.