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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09.23.22

The Globe and Mail Names HomeEquity Bank in its Ranking of Canada’s Top Growing Companies for a Third Time

TORONTO, ON, September 23, 2022 – 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 third time. Assessed on three-year revenue growth, HomeEquity Bank earned its spot in the ranking with three-year growth of 63 per cent. In 2021, HomeEquity Bank reported over $1 billion in reverse mortgage originations for the first time ever. This milestone represents a 28 per cent increase over 2020. The

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08.02.22

HomeEquity Bank announces appointment of new Board of Directors

TORONTO, ON, August 02, 2022 – HomeEquity Bank, provider of the CHIP Reverse Mortgage, announced today that it has a new Board of Directors. Appointment of the new Board, formed of eight members, and chaired by Dan Jauernig, Corporate Director and President & CIO of NCM Capital Inc., follows the completion of HomeEquity Bank’s acquisition by Ontario Teachers’ Pension Plan in July of this year. “We are excited to welcome a talented and diverse new Board of Directors, who will help drive HomeEquity Bank forward

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homeequity-bank-enters-the-metaverse-to-help-canadian-veterans
07.12.22

HomeEquity Bank enters the Metaverse to build a Homes for Heroes village in support of homeless Canadian veterans

The campaign will allow Canadians to explore a virtual Homes for Heroes village, and help “make it real” by donating funds that will be matched by HomeEquity Bank   TORONTO, ON, July 12, 2022 – HomeEquity Bank, provider of the CHIP Reverse Mortgage, is proud to announce the creation of a virtual Homes for Heroes village in the Decentraland Metaverse, an evolving and immersive 3D network of worlds that lets users explore and socialize with their computer and via augmented and virtual reality. The virtual vill

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07.04.22

Ontario Teachers’ announces completion of its acquisition of HomeEquity Bank

 This exciting investment in HomeEquity Bank will enable the business to continue its next stage of growth and innovation  TORONTO, ON, July 4, 2022 – Ontario Teachers’ Pension Plan Board (“Ontario Teachers’”) announced today that it has completed the acquisition of HOMEQ Corporation (“HomeQ”), the parent company of HomeEquity Bank, from Birch Hill Equity Partners Management Inc. (“Birch Hill”) and the other minority shareholders of HomeQ, in a deal that was first announced in September 2021. The acqu

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05.19.22

Canadians Want to Age In-Place, But Struggle to Afford the Care They Need; New Research Reveals

HomeEquity Bank Announces the Home Care Heroes Award in Recognition of Personal Support Workers in time for PSW Day Celebrating the positive impact of PSWs in the lives of Canadians underscores the urgent need for additional funding and support to make ageing in-place affordable TORONTO, ON, May 19, 2022 – HomeEquity Bank, provider of the CHIP Reverse Mortgage, is celebrating Personal Support Workers Day 2022 (PSW Day) on May 19 with its first-ever Home Care Heroes Award. The award was created to acknowledge the vital w

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