HomeEquity Bank announces partnership with Kurt Browning
TORONTO, June 22, 2016 /CNW/ - HomeEquity Bank, the only Canadian bank working exclusively with seniors, is proud to announce its new spokesperson is Canadian figure skating icon Kurt Browning. Kurt Browning is a Canadian figure skater, choreographer and commentator. He is a four-time World Champion and four-time Canadian national champion. "We're thrilled to be partnering with Kurt," said Yvonne Ziomecki, SVP, Marketing & Sales at HomeEquity Bank. "It was important to us to work with someone Canadians view as tru
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HomeEquity Bank launches Mortgage Broker Direct
TORONTO, Sept. 14, 2015 - HomeEquity Bank launches its new “Mortgage Broker Direct (MBD)” program this week. For the first time, mortgage brokers will be able to submit deals directly to the bank via D+H Expert upon being certified. Last year, HomeEquity Bank’s broker business saw a growth of 39%, with over 1,000 mortgage brokers sending in referrals with an average deal size of $150,000. The Mortgage Broker Direct program through HomeEquity Bank will offer a no-fee certification process to a limited number of mortg
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HomeEquity Bank 2015 Retirement Study
In a first-of-its-kind study HomeEquity Bank has asked Canadians about their hopes and plans for retirement.The goal is to compare Canadians’ financial expectations for retirement with their financial reality once they finish working. Download the complete report View the full infographics: [gallery link="file" ids="661,660,659"]
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HomeEquity Bank Reports Record Annual Originations
TORONTO, Jan. 13, 2015 /CNW/ - HomeEquity Bank announced today its 2014 originations grew by 23% YOY and reached $309MM. As of Dec. 31, 2014, the HomeEquity Bank portfolio of reverse mortgages has surpassed $1.7 billion. The strong YOY growth can be attributed to an increase in direct inquiries from consumers as well as continued growth through referral partners including banks and mortgage brokers. "With the current demographic trends and extended life expectancy we project reverse mortgage originations to grow at 25
Continue Reading...HomeEquity Bank Helps Seniors Create Tax Efficient Cash Flow
TORONTO, Feb. 10, 2014 - HomeEquity Bank, announced the launch of its newest and most innovative product offering for senior homeowners, HomeEquity Bank Income Advantage. With the Income Advantage, senior homeowners can access equity in their home through 2 separate accounts. The first account is set up for monthly advances and carries a low interest rate of Prime + 1.25%; the second account is set up for lump sum advances and carries a competitive 5 year rate. "This product was developed based on customer feedback and cu
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HomeEquity Bank Launches Campaign Highlighting How More Than Ever, Home is Everything
HomeEquity Bank launches Our homes are everything campaign Campaign complements Operation Warm Hug initiative that checks in on vulnerable Canadians at home Meaningful donations made to the Canadian Red Cross, YMCA of Greater Toronto and various charities across the country supported by employees Digital education and entertainment programs for self-isolating Canadians to launch shortly TORONTO, Apr. 27, 2020 -- HomeEquity Bank, provider of the CHIP Reverse Mortgage, today announced the launch of its new media ca
Continue Reading...HomeEquity Bank Marks Record Year in New Reverse Mortgage Originations in 2019
HomeEquity Bank originated $820 million in new reverse mortgages in 2019Expects another strong year in 2020 as interest and demand continue to grow TORONTO, Jan. 14, 2020 /CNW/ - HomeEquity Bank, provider of the CHIP Reverse Mortgage™, announced today that it originated $820 million in new reverse mortgages in 2019, marking a record year for the company and reinforcing the unique value proposition that reverse mortgages offer to Canadians seeking to enjoy a comfortable and financially secure retirement.
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HomeEquity Bank Announces Sale of Reverse Mortgage Portfolio Loans
First portfolio sale for HomeEquity Bank, first time reverse mortgage loan portfolio sold in Canada Sale creates opportunity for other sales, new funding source for growth, enhances profitability Toronto, December 18, 2019 – HomeEquity Bank today announced that it has sold about $75 million of reverse mortgages to another Schedule 1 Canadian bank. This is the first-ever sale of reverse mortgages by HomeEquity Bank and the first such transaction in Canada involving reverse mortgages. “This transformative deal paves
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HomeEquity Bank Brings Home Gold from Canadian Marketing Association Awards
TORONTO, Nov. 26, 2019 /CNW/ - HomeEquity Bank announced today that its "There's No Retirement Like Home" campaign has won a Gold award for brand building in the financial category at this year's Canadian Marketing Association Awards. HomeEquity Bank created the multiple-award-winning campaign in partnership with the creative team at Zulu Alpha Kilo, the bank's advertising agency of record. "We're honoured to have won such a prestigious award and would like to thank our creative partners at Zulu Alpha Kilo. Their di
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HomeEquity Bank helps bring 2019 Poppy Campaign into the Digital Age
Canadians can personalize, dedicate and share a Digital Poppy online Campaign features one of Canada’s most senior living Veterans and a digital moment of silence on the Twitch streaming platform MyPoppy.ca site is live and accepting donations TORONTO, Oct. 29, 2019 -- As the official Presenting Partner of the 2019 Royal Canadian Legion Digital Poppy Campaign, CHIP Reverse Mortgage by HomeEquity Bank is honoured to help give Canadians another way to donate, and at the same time, share our Veterans’ stories of bravery
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