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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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09.14.17

HomeEquity Bank Listed On The 2017 Profit 500

Canadian Business unveils 29th annual list of Canada’s Fastest-Growing Companies TORONTO, Sept. 14, 2016/ CNW/ - Canadian Business and PROFIT today placed HomeEquity Bank on the 29th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth. HomeEquity Bank, a federally-regulated, Schedule 1 Canadian bank, and the only national provider

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08.28.17

HomeEquity Bank announces its inaugural $120 million syndicated credit facility

Toronto, August 28, 2017 – HomeEquity Bank (the “Bank”) announced that it has arranged a $120 million senior revolving credit facility (the “Facility”), secured by a portfolio of reverse mortgages. This Facility has been provided by a syndicate of five leading lenders and is renewable annually. CIBC served as Sole Lead Arranger and Sole Bookrunner, and will act as Administrative Agent under the Facility. The other syndicate members are ICICI Bank Canada, The Bank of Nova Scotia, National Bank of Canada and Raymond

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03.10.21

Six-in-10 Canadians 55+ Can’t Fully Cover the Costs of In-Home Care

HomeEquity Bank-commissioned Ipsos survey finds 88% of Canadians 55+ can’t fully pay for in-home care for their aging parents. Almost half of Canadians 55+ are now considering in-home care because of the pandemic. New book Home Run: The Reverse Mortgage Advantage outlines the product’s many benefits as study finds 75% of Canadians 55+ are concerned about their financial well-being. March 10, 2021 (TORONTO, ON) — Over 20% of Canadians 55 and up are considering tapping into their home’s equity to pay for

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11.12.20

HomeEquity Bank Completes 2020 Reverse Mortgage Loan Sale Program, with $100 Million Sold to Concentra Bank

Program highlights HomeEquity Bank's ability to find attractive liquidity sources to support growth TORONTO, Nov. 12, 2020 /CNW/ - HomeEquity Bank today announced that it has sold about $100 million of reverse mortgages to Concentra Bank. This is only the second time that HomeEquity Bank has completed its annual program for sale of reverse mortgages to another financial institution, highlighting the company's consistent leadership in Canada's reverse mortgage sector. "The success of this program speaks to ou

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10.29.20

HomeEquity Bank Rallies Canadians with Virtual Call to Arms to Support the Digital Poppy

The Digital Poppy, part of the Royal Canadian Legion’s National Poppy Campaign, is more important than ever as the pandemic takes its toll Pause to Remember campaign enables veterans to band together and stand shoulder-to-shoulder and share their stories of heroism on the virtual battle field with other players One of Canada’s oldest veteran influencers returns to support the Digital Poppy initiative TORONTO, Oct. 29, 2020 ­– As the proud Presenting Partner of the 2020 Royal Canadian Legion’s Digital Po

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10.15.20

HomeEquity Bank Recognized as One of Canada’s Fastest-Growing Companies for Fifth Consecutive Year

TORONTO, Oct. 15, 2020 – HomeEquity Bank, provider of the CHIP Reverse Mortgage announced today it has been named to the Growth List ranking of Canada’s Fastest-Growing Companies. “HomeEquity Bank is humbled to be a part of this distinguished Growth List, especially in an unprecedented year that has seen so many Canadians businesses impacted by this pandemic,” said Steven Ranson, HomeEquity Bank’s President and CEO. “We’re very fortunate to be in the position we’re in, and it’s all thanks to the hard wor

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Pause to Remember
10.05.20

HomeEquity Bank Wins International Awards for Pause to Remember Campaign Honouring Veterans

Bronze and Silver Pencils won in multiple categories at the prestigious The One Show awards HomeEquity Bank brings home the gold at the AME Awards in New York Two gold awards from Strategy Magazine TORONTO, Oct. 5, 2020 /CNW/ - HomeEquity Bank, provider of the CHIP Reverse Mortgage, and its creative agency of record, Zulu Alpha Kilo, have won prestigious international awards for their Pause to Remember campaign in support of the Royal Canadian Legion's Digital Poppy. Leading video game

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