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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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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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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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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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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Smashing Stereotypes: When it Comes to Financial Well-being, Older, Single Women are Leading by Example
New HomeEquity Bank survey reveals two groups of women 55+ enjoying higher financial wellness scores: women who are solely responsible for their finances and older women who actively rely on financial advice As women age, they are better able to enjoy life if they feel their finances are well-managed. Advisors: women value your professional advice but more than half remain skeptical that it is readily available to them. TORONTO, September 20, 2023 – Findings from a new survey released today from HomeEquity Ba
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HomeEquity Bank Moves to New ‘Resi-Mercial’ Home to Support Business Growth and Enhanced Employee Experience
New, modern workspace in Royal Bank Plaza boasts resi-mercial design to enhance hybrid and collaborative work TORONTO, August 1, 2023 – To support current and future business growth, HomeEquity Bank, provider of the CHIP Reverse Mortgage, has relocated its head office to the Royal Bank Plaza South Tower, a LEED-certified building with state-of-the-art facilities, located in the heart of Toronto’s Financial District from mid-town. The new, modern, design offers a variety of flexible workspaces for traditional, standi
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Canadian retirement plans face life support without adequate home care
Survey: Canadians fear becoming a burden to families, but firmly want to stay in their homes Demand set to skyrocket for already stretched PSW services due to growth in ageing population HomeEquity Bank recognizes five Home Care Heroes to mark PSW Day 2023 TORONTO, May 15, 2023 – With PSW Day set for May 19, HomeEquity Bank, provider of the CHIP Reverse Mortgage, is sounding the alarm on the urgent need for more Personal Support Workers (PSWs) and in-home healthcare professionals to support Canada’s ageing
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HomeEquity Bank CFO Atul Chandra wins 2023 Report on Business Best Executive Award
Annual awards program from The Globe and Mail celebrates excellence among non-CEO leaders TORONTO, Apr. 19, 2023 - HomeEquity Bank, provider of the CHIP Reverse Mortgage, is delighted to announce that Executive Vice President & Chief Financial Officer (CFO), Atul Chandra, has been recognized as a recipient of the 2023 Report on Business magazine Best Executive Awards in the Finance category. This win for Chandra comes on the heels of the bank’s accolades in 2022, including being named by Waterstone Human Capital as
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Nominations now open for HomeEquity Bank’s annual Home Care Heroes Awards
Honouring Personal Support Workers’ Vital Impact on Canadians TORONTO, April 3, 2023 - HomeEquity Bank, provider of the CHIP Reverse Mortgage, today announced that nominations for the second annual Home Care Heroes Awards are officially open. The awards acknowledge the vital work that hundreds of thousands of Personal Support Workers (PSWs) and in-home healthcare professionals provide for Canadians who want to age in-place, something that HomeEquity Bank believes all Canadians should have the right to do. Building on t
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