Joyce Wayne news 680
06.18.18

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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09.14.17

HomeEquity Bank Listed On The 2017 Profit 500

Canadian Business unveils 29th annual list of Canada’s Fastest-Growing Companies TORONTO, Sept. 14, 2016/ CNW/ - Canadian Business and PROFIT today placed HomeEquity Bank on the 29th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth. HomeEquity Bank, a federally-regulated, Schedule 1 Canadian bank, and the only national provider

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08.28.17

HomeEquity Bank announces its inaugural $120 million syndicated credit facility

Toronto, August 28, 2017 – HomeEquity Bank (the “Bank”) announced that it has arranged a $120 million senior revolving credit facility (the “Facility”), secured by a portfolio of reverse mortgages. This Facility has been provided by a syndicate of five leading lenders and is renewable annually. CIBC served as Sole Lead Arranger and Sole Bookrunner, and will act as Administrative Agent under the Facility. The other syndicate members are ICICI Bank Canada, The Bank of Nova Scotia, National Bank of Canada and Raymond

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06.08.17

HomeEquity Bank Posts Record Growth For May 2017

TORONTO, June 8, 2017 – HomeEquity Bank, provider of the CHIP Reverse Mortgage™, continued its steady growth and performance in the five months of fiscal 2017. Record reverse mortgage originations of $60MM for the month of May resulted in a year-to-date increase of 35 per cent compared with the same period a year ago. “Canadian seniors are releasing the equity they’ve built in their homes, transforming it from passive to active,” said Steven Ranson, HomeEquity Bank’s president and CEO. “We’ve seen a shift

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05.15.17

HOMEEQUITY BANK RELEASES DEBT AND HOMEOWNERSHIP STUDY

TORONTO, May 15, 2017 – HomeEquity Bank, provider of the CHIP Reverse Mortgage™, today published the findings of its proprietary research study “The Home Stretch: A Review of Debt and Home Ownership Among Canadian Seniors.” The results of the national study outline increasingly troubling trends: as Canada’s population ages, the ability to retain and maintain a home is progressively compromised by record household debt levels, modest long-term savings, the decline of defined-benefit pensions and extended life exp

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07.16.18

Older Canadian homeowners want eager homebuyers to back off

HomeEquity Bank research confirms the importance of retiring at home TORONTO, July 16, 2018 /CNW/ - Much to the chagrin of realtors across the country, an overwhelming number of Canadians (93 per cent) aged 65 plus feel it is important to stay in their current home throughout their retirement, according to an IPSOS survey conducted in June, 2018, commissioned by HomeEquity Bank  (HomeEquityBank.ca).  Yet as the Canadian population ages, many homeowners are feeling pressured to sell the home they love to help finance the

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01.15.18

HOMEEQUITY BANK POSTS RECORD 2017 GROWTH AS CANADIANS EMBRACE REVERSE MORTGAGES

TORONTO, January 15, 2018 – HomeEquity Bank, the national provider of the CHIP Reverse Mortgage™, posted record mortgage growth in 2017 with 32.5 per cent year over year growth. Reverse mortgage originations of $608MM for 2017 were driven by increased consumer familiarity with HomeEquity Bank’s flagship product as well as the growing need for consumers to finance their retirement in new ways. HomeEquity Bank’s record results also reflect a strong partnership with Canada’s mortgage brokers. In 2017, brokers were

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12.11.17

REALITY CHECK: HOMEEQUITY BANK RESEARCH HIGHLIGHTS SURPRISING HOLIDAY SPENDING LIST FOR CANADIAN SENIORS

REALITY CHECK: HOMEEQUITY BANK RESEARCH HIGHLIGHTS SURPRISING HOLIDAY SPENDING LIST FOR CANADIAN SENIORS TORONTO, December 11, 2017 - With the holidays just around the corner, recent research sponsored by HomeEquity Bank, the only national provider of the CHIP Reverse Mortgage™, outlined a surprising holiday spending list for Canadian seniors. While travel and home improvements were high on the list, a surprising one-third of respondents highlighted the need to financially support children and grandchildren, pay off

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11.08.17

HomeEquity Bank chooses Zulu to help accelerate growth

Toronto, Ontario (November 8, 2017) – Zulu Alpha Kilo is proud to announce that they are partnering with HomeEquity Bank. The news comes after a review process that started earlier this summer. “We were on the cusp of taking a major step with our business and admired Zulu’s history of successfully growing some of Canada’s more renowned brands,” said Yvonne Ziomecki, Executive Vice President Marketing & Sales at HomeEquity Bank. “We immediately felt connected with the team and admired both their provocat

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Balmoral logo
08.28.17

HomeEquity Bank and Balmoral Village Announce New Partnership To Benefit Retiring Canadians

[August 28, 2017, Toronto] - Balmoral Village is proud to be the first new home community to partner with HomeEquity Bank, Canada’s only provider of the CHIP Reverse Mortgage. “We are thrilled to have been chosen as the first development project to partner with HomeEquity bank, a company with a long track record of helping Canadian seniors with financial planning options. We are confident this will be of great value to our condo purchasers,” says Thomas Vincent, President, Balmoral Village. The visionary ‘Age I

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