07.20.22

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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09.22.21

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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Steve Ranson
03.16.20

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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09.13.18

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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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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05.15.24

“It’s a Bittersweet Symphony” for the Sandwich Generation: New Ipsos survey exposes the struggles and sacrifices of aging in place.

Sandwich Generation balances the impact of parents aging in place with their own career progression and financial future  Professional financial planning and Personal Support Workers seen as key to Canadians staying in the homes they love  HomeEquity Bank names 2024 Home Care Heroes Award winners, recognizing the importance of exceptional caregivers for Personal Support Worker Day on May 19   TORONTO, May 14, 2024 – HomeEquity Bank, provider of the CHIP Reverse Mortgage, worked with Ipsos on new research t

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Steve Ranson and Katherine (Katie) Dudtschak
04.09.24

HomeEquity Bank President and CEO Steven Ranson to retire June 30, 2024, after 27 successful years leading the bank

Industry veteran Katherine (Katie) Dudtschak appointed HomeEquity Bank’s next President and CEO TORONTO, April 9, 2024 — HomeEquity Bank announced today that Steven Ranson will be retiring as President and CEO after a remarkable 27-year career building the reverse mortgage industry in Canada and establishing HomeEquity Bank as the market leader. HomeEquity Bank’s Board of Directors has appointed Katherine (Katie) Dudtschak as the bank’s next President and CEO. During Mr. Ranson’s leadership 

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03.01.24

Surprise! Boomers are no more likely to have been victimized by online fraud or scams despite being targeted more frequently

• Survey reveals 66% of Canadians think Boomers are the most likely scam victims • Data shows Boomers are actually among the most vigilant when it comes to engaging in higher risk online behaviours. • Older Canadians continue to be highly targeted by scammers, driving the need for education to help stay one step ahead • Are you unscammable? Quiz offers Canadians a chance to test their mettle on fraud TORONTO – March 1, 2024 – It’s a tired punchline: older people fall victim to scammers because they’re

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Peter Mansbridge
01.08.24

Peter Mansbridge challenges the perception of retirement by asking the right questions

Award-winning journalist and author Peter Mansbridge has been appointed Strategic Communications Consultant for HomeEquity Bank   TORONTO – Jan. 8, 2024 – There are few voices Canadians trust more to get the right answers than award-winning journalist and author Peter Mansbridge. HomeEquity Bank, Canada’s only federally regulated bank exclusively serving Canadians 55+ has engaged Peter Mansbridge as Strategic Communications Consultant.   The intent of the collaboration is to help HomeEquity Bank refresh the con

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12.11.23

HomeEquity Bank successfully closes its inaugural $175 million Deposit Note offering

Toronto, December 11, 2023 – HomeEquity Bank ("HEB" or the "Bank") today announced that it has concluded its inaugural issue of $175 million of deposit notes due December 11, 2026 (the “Deposit Notes”). The Deposit Notes are senior unsecured obligations of HEB. The Deposit Notes have a coupon of 7.108% per annum, paid semi-annually commencing June 11, 2024. DBRS Morningstar has assigned HEB’s Deposit Notes a rating of BBB (low) with a Stable trend. CIBC Capital Markets and TD Securities acted as joint bookrunne

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