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 (October 1, 2024) – A new survey commissioned by HomeEquity Bank reveals Canadian homeowners aged 75 and older are outshining their younger counterparts on key happiness markers, offering an insightful guide for younger generations entering a new life stage. According to the survey, 95 per cent of Canadians 75 and older are very satisfied or somewhat satisfied with their lives, compared to just 79 per cent of Canadians in their 50s. "Our purpose is to empower Canadian homeowners 55+ to have the freedom to
Continue Reading...Toronto, ON, September 27, 2024 – HomeEquity Bank, provider of the CHIP Reverse Mortgage, is pleased to announce it has been recognized in the Report on Business ranking of Canada’s Top Growing Companies for the fourth time. Assessed on three-year revenue growth, HomeEquity Bank earned its spot after reporting over $1 billion in reverse mortgage originations for the third consecutive year. The value of the Bank’s total reverse mortgage portfolio under management stood at $7.4 billion as of December 2023, further cem
Continue Reading...Industry veteran Katherine Dudtschak becomes President and CEO TORONTO, July 2, 2024 – HomeEquity Bank, provider of the CHIP Reverse Mortgage, is pleased to welcome Katherine Dudtschak as its new CEO. Ms. Dudtschak joined the Bank as President on May 1 following the announcement that former President and CEO Steven Ranson planned to retire at the end of June. As President and CEO, Ms. Dudtschak has officially assumed leadership of the federally regulated Schedule 1 Bank, overseeing its strategic vision for customer
Continue Reading...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
Continue Reading...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
Continue Reading...