Nov 28 (Reuters) - Canadian mortgage lender Home Capital Group Inc HCG.TO said on Tuesday that West Face Long Term Opportunities Global Master LP had sent it a draft statement alleging misrepresentation and claiming C$70 million ($54.7 million) in damages. Capital, Canada's biggest non-bank lender, had agreed on a settlement with the Ontario Securities Commission in June and accepted responsibility for misleading investors about problems with its mortgage underwriting procedures. Face confirmed on Tuesday that it had opted out of that settlement and raised its claim directly with Home Capital. = 1.28 Canadian dollars)