Category: News

Canadian Business and PROFIT today placed HomEquity Bank on the 28th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies.

HomEquity Bank is pleased to announce that Yvonne Ziomecki, SVP, Marketing & Sales is named one of Canadian Mortgage Professional (CMP) Magazine’s Women of Influence.

For the first time, mortgage brokers will be able to submit deals directly to the bank via D+H Expert upon being certified. Last year, HomEquity Bank’s broker business saw a growth of 39%, with over 1,000 mortgage brokers sending in referrals with an average deal size of $150,000.

HomEquity Bank has asked Canadians about their hopes and plans for retirement.The goal is to compare Canadians’ financial expectations for retirement with their financial reality once they finish working.

homeequity Bank announced today its 2014 originations grew by 23% YOY and reached $309MM. As of Dec. 31, 2014, the homeequity Bank portfolio of reverse mortgages has surpassed $1.7 billion.

HomeEquity Bank, announced the launch of its newest and most innovative product offering for senior homeowners, HomeEquity Bank Income Advantage. Income Advantage is offered from coast-to-coast directly from HomeEquity Bank.

HOMEQ Corporation (“HOMEQ”) (TSX: HEQ) announced today the closing of the previously announced arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) involving HOMEQ and Monaco Acquisition Inc., an entity controlled by Birch Hill Equity Partners (“Birch Hill”). Under the Arrangement, Birch Hill has indirectly acquired all of the outstanding common shares of HOMEQ for cash at a price of $9.50 per common share.

HomEquity Bank, a subsidiary of HOMEQ Corporation, announced today that it is being recognized as one of this year’s Best Workplaces in Canada. The list of leading Canadian employers will appear in a special national report on Thursday April 19th, 2012.