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
Continue Reading...
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
Continue Reading...
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
Continue Reading...
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
Continue Reading...
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
Continue Reading...
The New Face of Financial Empowerment in Canada: Women 55+ Lead the Charge
HerMoneyMatters Virtual Event to Build Confidence, Community and Financial Literacy for Women 55+ Toronto, ON, November 3, 2025 — Older Canadian women are breaking down financial barriers to close persistent gaps in financial literacy by growing their confidence and demonstrating a willingness to seek trusted advice. This Financial Literacy Month, HomeEquity Bank is addressing these gaps head-on with HerMoneyMatters: Building Confidence, Community and Financial Literacy, a virtual panel event celebrating the strides
Continue Reading...
The Globe and Mail Names HomeEquity Bank in its Ranking of Canada’s Top Growing Companies for a Fifth Time
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...
New Purr-spectives: Study Finds Older Canadians are Better Suited to Pet Ownership Than They Think
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...
HomeEquity Bank launches powerful new series featuring real Customers and their inspiring stories of living 55 & Better!
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...
Aspirations to Age at Home Clash with Canada’s Economic and Health Care Realities
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...