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
Continue Reading...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
Continue Reading...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
Continue Reading...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
Continue Reading...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
Continue Reading...Toronto, ON, September 26, 2025 – HomeEquity Bank, Canada’s leading provider of reverse mortgages, is proud to announce it has been recognized in the Report on Business ranking of Canada’s Top Growing Companies for the fifth time. Assessed on three-year revenue growth, HomeEquity Bank earned its spot after reporting over $1 billion in reverse mortgage originations for the fourth consecutive year. The value of the Bank’s total reverse mortgage portfolio under management stood at over $8.8 billion as of December 20
Continue Reading...Pawsitive News: Age Is Just a Number—For You and Your New Best Friend Toronto, Canada, September 23, 2025 — A new survey conducted by Ipsos on behalf of HomeEquity Bank, provider of the CHIP Reverse Mortgage, reveals that while 84 per cent of Canadians aged 55+ recognize the mental health benefits of pet ownership, only 44 per cent currently share their lives with a pet. For one in five older adults, age itself is cited as the primary barrier to pet ownership, highlighting a persistent yet unwarranted stigma about th
Continue Reading...Toronto, ON – June 5, 2025 – In celebration of Ontario Seniors Month, HomeEquity Bank is proud to launch a new series featuring real customers sharing their personal stories of the powerful impact of choosing a CHIP Reverse Mortgage. These stories, shared by the customers themselves, spotlight the very real and very human decisions aging Canadians face when it comes to aging in place. The “55 & Better” series features video interviews and personal stories of Canadians who have tapped into the equity and saving
Continue Reading...Canadians overwhelmingly (94%) value the work of PSWs, highlighting the importance of ensuring access and support for these essential caregivers The majority of Canadians 45+ want to age in their homes (90%), but few (13%) have planned for the PSW care that makes this possible Toronto, ON – May 16, 2025: New research commissioned by HomeEquity Bank, provider of the CHIP Reverse Mortgage, and conducted by Ipsos reveals Canadians aged 45 and over prefer to age in their homes, but few have proactively planne
Continue Reading...Toronto – May 13, 2025 – HomeEquity Bank and MedicAlert Foundation Canada are pleased to announce a new partnership driven by our shared mission to empower Canadians to age securely and safely in place. As part of the partnership, HomeEquity Bank will match donations to MedicAlert by May 31 to help ensure Canadians have access to live-saving medical information when they need it the most. Donations help MedicAlert to continue to provide essential services, reach more families, and save more lives. An iconic Canadian c
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