HOMEEQUITY BANK POSTS RECORD 2017 GROWTH AS CANADIANS EMBRACE REVERSE MORTGAGES
TORONTO, January 15, 2018 – HomeEquity Bank, the national provider of the CHIP Reverse Mortgage™, posted record mortgage growth in 2017 with 32.5 per cent year over year growth. Reverse mortgage originations of $608MM for 2017 were driven by increased consumer familiarity with HomeEquity Bank’s flagship product as well as the growing need for consumers to finance their retirement in new ways. HomeEquity Bank’s record results also reflect a strong partnership with Canada’s mortgage brokers. In 2017, brokers were
Continue Reading...REALITY CHECK: HOMEEQUITY BANK RESEARCH HIGHLIGHTS SURPRISING HOLIDAY SPENDING LIST FOR CANADIAN SENIORS
REALITY CHECK: HOMEEQUITY BANK RESEARCH HIGHLIGHTS SURPRISING HOLIDAY SPENDING LIST FOR CANADIAN SENIORS TORONTO, December 11, 2017 - With the holidays just around the corner, recent research sponsored by HomeEquity Bank, the only national provider of the CHIP Reverse Mortgage™, outlined a surprising holiday spending list for Canadian seniors. While travel and home improvements were high on the list, a surprising one-third of respondents highlighted the need to financially support children and grandchildren, pay off
Continue Reading...HomeEquity Bank chooses Zulu to help accelerate growth
Toronto, Ontario (November 8, 2017) – Zulu Alpha Kilo is proud to announce that they are partnering with HomeEquity Bank. The news comes after a review process that started earlier this summer. “We were on the cusp of taking a major step with our business and admired Zulu’s history of successfully growing some of Canada’s more renowned brands,” said Yvonne Ziomecki, Executive Vice President Marketing & Sales at HomeEquity Bank. “We immediately felt connected with the team and admired both their provocat
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HomeEquity Bank and Balmoral Village Announce New Partnership To Benefit Retiring Canadians
[August 28, 2017, Toronto] - Balmoral Village is proud to be the first new home community to partner with HomeEquity Bank, Canada’s only provider of the CHIP Reverse Mortgage. “We are thrilled to have been chosen as the first development project to partner with HomeEquity bank, a company with a long track record of helping Canadian seniors with financial planning options. We are confident this will be of great value to our condo purchasers,” says Thomas Vincent, President, Balmoral Village. The visionary ‘Age I
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Protecting Canadian Seniors
June is Senior’s Month in Ontario, and this year’s theme is “Living Your Best Life.” As we honour the contribution of Ontario seniors this month, it is important to remember that seniors can be more vulnerable to various forms of abuse. In fact, 62.5% of all elder abuse cases in Ontario are financial in nature. This statistic makes it difficult for seniors to live a financially secure retirement, let alone their very best life. The high incidence of financially-based elder abuse typically involves a family member or
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