HomeEquity Bank surpasses $1 billion in reverse mortgage originations during 2021
TORONTO, January 25, 2022 – HomeEquity Bank, provider of the CHIP Reverse Mortgage, reported just over $1 billion in reverse mortgage originations for 2021, for the first time ever. This milestone represents a 28 per cent increase over 2020. The value of the bank’s total reverse mortgage portfolio under management now stands at $5.4 billon, further cementing its reputation as Canada’s undisputed market leader. Canadians 55 and up are increasingly turning to their homes to access equity, with 93 per cent now saying t
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A Meaningful Meal this Remembrance Day Offers Canadians a Taste of Wartime Sacrifice
Alongside the Legion National Foundation and complimenting The Royal Canadian Legion’s National Poppy Campaign, HomeEquity Bank presents ‘Orders of Sacrifice’ field ration kits to allow Canadians a small glimpse into veterans’ sacrifice and their stories Historically accurate field rations kits are available Nov. 10 in select neighbourhoods via DoorDash across the GTA Canadians nationwide can participate in the Legion National Foundation Digital Poppy Campaign online at MyPoppy.ca to support veterans and th
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Experts share practical strategies to help Canadians age at home
The Empire Club hosts a panel in light of finding that 91 percent of Canadians plan to remain in their homes for as long as possible TORONTO, Oct. 18, 2021 - The COVID-19 pandemic has caused many Canadians to rethink where they want to age and, with that, the security of their financial futures. In response to this, the Empire Club of Canada has convened a panel of experts to support Canadians in preparing for the retirement they want. The devastating consequences of the pandemic to long-term care homes and oth
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The Globe and Mail Names HomeEquity Bank in the Ranking of Canada’s Top Growing Companies for a second time
TORONTO, Sept 29, 2021 – HomeEquity Bank is pleased to announce it has been recognized in the third annual Report on Business ranking of Canada’s Top Growing Companies. Assessed on three-year revenue growth, HomeEquity Bank earned its spot in the ranking with three-year growth of 102 per cent. “To be recognized again as one of Canada’s Top Growing Companies is testament to the success of our business strategy and to the amazing work of our talented team. We are excited to continue growing with our customers
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HomeEquity Bank calls on Canadians to retire the word “senior” this National Seniors’ Day
New research among Canadians aged 55+ shows the term is not universally embraced – with only half (52 per cent) positively associating with the word senior Only 16 per cent feel the word senior best describes them Women are 43 per cent more likely than men to reject the word senior as a way to describe themselves Of those who feel it is time to retire the word senior, “skilled,” “sage” and “savvy” are the top alternatives posed TORONTO, Oct. 1, 2021 – In time for National Seniors’ Day, Home
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