CMP names HomeEquity Bank as winner of 2022 5-Star Mortgage Product Award for Reverse Mortgage Products
TORONTO, July 21, 2022 – Today, Canadian Mortgage Professional (CMP), a subsidiary of KeyMedia Group, awarded HomeEquity Bank the winner of the 2022 5-Star Mortgage Product for Reverse Mortgages. To determine Canada’s best mortgage products, CMP conducted an online survey, asking brokers about their preferences and priorities when selecting mortgage products for their clients. The survey was open to brokers across Canada, who were asked to provide product recommendations across a range of different areas, including re
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HomeEquity Bank to be Acquired by Ontario Teachers’
Dear customers, I’m delighted to share that HomeEquity Bank is being acquired by Ontario Teachers’ Pension Plan (Ontario Teachers’), subject to regulatory approval, which we expect to occur in the first half of 2022. This is great news for HomeEquity Bank, our customers, partners, and employees. It is a testament to the success of our business strategy and to the amazing work of our talented team. There will be no impact on our day-to-day – it’s business as usual for HomeEquity Bank through the transiti
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HomeEquity Bank Communication – COVID-19
Dear customers, Like you, we at HomeEquity Bank are closely following the developments related to COVID-19 and the impact it is having on Canadians across the country. The health and safety of our customers, employees and partners is our top priority and we are taking every precaution to minimize the risks associated with the virus. With that in mind, we have taken numerous actions to ensure the level of service you’ve come to expect from us continues uninterrupted as we modify our daily operations to help preven
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Canadian Business names HomeEquity Bank to their 30th annual list of Canada’s Fastest-Growing Companies
TORONTO, Sept. 13, 2018 /CNW/ - Today, Canadian Business and Maclean’s recognized HomeEquity Bank providers of the CHIP Reverse Mortgage®(chip.ca) on their 30th annual Growth 500 - the definitive ranking of the Fastest-Growing Companies in Canada. Published in the October issue of Canadian Business magazine published with the October issue of Maclean’s and at CanadianBusiness.com, the Growth 500 ranks Canadian businesses by their five-year revenue growth. HomeEquity Bank , a federally-regulated, Schedule 1 Canadia
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HomeEquity Bank Featured on 680 News
Joyce Wayne was featured on 680 News Toronto on June 9 and 10 explaining the benefits of the CHIP Reverse Mortgage® and how it can help Canadian Homeowners aged 55+ continue to live in their homes while making possible the pursuit of new careers and pursuing their passions. Listen to the full segment now. Listen Now About HomeEquity Bank HomeEquity Bank, a federally-regulated, Schedule 1 Canadian bank, is the only national provider of the CHIP Reverse Mortgage® solution. Founded 30 years ago, HomeEquity Bank has b
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Scam-Proof: Older Canadians Remain Sharp Against Rising AI Fraud Threats
Nearly 7 in 10 Canadians 55+ report being able to easily spot scams 77 per cent of Baby Boomers acknowledge the rapid advancement of AI technology and the continuous adaptation of scammers Ongoing education is critical to staying one step ahead of AI-enhanced scam strategies TORONTO – March 3, 2025 – A new survey from Ipsos and HomeEquity Bank, provider of the CHIP Reverse Mortgage, reveals Baby Boomers are more adept at detecting AI-driven scams than previously thought. The study highlights that nearly 7 in
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“By Canadian” Book Club throws the book at U.S. tariff threats
HomeEquity Bank throws its CHIPs in on “Buy Canadian” movement: offers free books to customers written by notable Canadian authors CHIP Reverse Mortgage clients are invited to muzzle tariff uncertainty with a relaxing read TORONTO – February 27, 2025 – On February 27th, HomeEquity Bank, provider of the CHIP Reverse Mortgage, launched a By Canadian Book Club, offering its customers free books from a curated collection of Canadian authors including Peter Mansbridge. Created as an answer to the growing desire
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HomeEquity Bank joins the National Institute on Ageing’s First Pension Centre of Excellence
NIA launches new centre to drive innovation in retirement income security Toronto, ON (February 19, 2025) – HomeEquity Bank is proud to join the National Institute on Ageing’s (NIA) Pension Centre of Excellence (PCE) as an inaugural member. HomeEquity Bank is committed to supporting Canadians age 55 and better in addressing gaps in Canada’s retirement income system. Joining the PCE is an opportunity to work with partners across the industry in a world-class, non-partisan, research-informed, and action-orienta
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Introducing HomeBridge: Helping Canadians Establish a Living Legacy Through Home Equity
HomeEquity Bank launches HomeBridge as a new digital solution designed to help Canadians 55+ leverage their home equity to gift their family Toronto, ON (February 18, 2025) – HomeEquity Bank is proud to introduce HomeBridge, a dedicated digital solution for Canadians seeking to establish a living legacy through their home equity. As a digital platform within HomeEquity Bank, provider of the CHIP Reverse Mortgage, HomeBridge facilitates a modernized approach to wealth transfer. Between 2023 and 2026, an estimated on
Continue Reading... 2025 predictions: Five ways Canadians 55+ will impact all generations
Canadians 55+ are responding to changing cost of living and housing prices by swapping inheritances for shared experiences and timely financial aid for their younger loved ones TORONTO, ON (January 2, 2025) – This year, older Canadians will throw out the traditional retirement playbook and embrace new financial, technological and familial norms to live more independent and enriching lives. Insights like this from HomeEquity Bank and Ipsos reveal five key predictions for Canadians aged 55+ that will have ripple ef
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