09.15.16

HomeEquity Bank Listed on the 2016 PROFIT 500

TORONTO, Sept. 15, 2016 /CNW/ - Canadian Business and PROFIT today placed HomeEquity Bank on the 28th annual PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth. HomeEquity Bank, the only national provider of reverse mortgages in Canada, placed 475 on the 2016 PROFIT 500 list, thanks to a five-year revenue growth of 80%. The company's total revenu

Continue Reading...
07.06.16

Yvonne Ziomecki named one of CMP Magazine’s Women of Influence

TORONTO, July 6, 2016 – HomeEquity Bank is pleased to announce that Yvonne Ziomecki, SVP, Marketing & Sales is named one of Canadian Mortgage Professional (CMP) Magazine’s Women of Influence. In the issue out on stands now, Yvonne credits the power of a strong network and support system as her secret to consistent results and her coveted work-life balance. “Balancing work with personal life, especially the needs of my children and finding time for myself, it’s not always easy. Having a strong network is key.

Continue Reading...
06.22.16

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

Continue Reading...
09.14.15

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

Continue Reading...
06.02.15

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"]

Continue Reading...
10.01.21

HomeEquity Bank calls on Canadians to retire the word “senior” this National Seniors’ Day

New research among Canadians aged 55+ shows the term is not universally embraced – with only half (52 per cent) positively associating with the word senior Only 16 per cent feel the word senior best describes them Women are 43 per cent more likely than men to reject the word senior as a way to describe themselves Of those who feel it is time to retire the word senior, “skilled,” “sage” and “savvy” are the top alternatives posed TORONTO, Oct. 1, 2021 – In time for National Seniors’ Day, Home

Continue Reading...
09.22.21

Ontario Teachers’ announces agreement to acquire HomeEquity Bank

TORONTO, [Wednesday, September 22, 2021] /CNW/ - Ontario Teachers’ Pension Plan Board (“Ontario Teachers’”) announced today that it has entered into an agreement to acquire 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. The completion of the acquisition is subject to receipt of required regulatory approvals, which the parties expect to occur in the first half of 2022. HomeEq

Continue Reading...
06.17.21

HomeEquity Bank’s reverse mortgage portfolio surpasses $5 billion in valuation

TORONTO, June 17, 2021 /CNW/ – HomeEquity Bank, provider of the CHIP Reverse Mortgage, announced today that its portfolio of reverse mortgages under administration has recently surpassed $5 billion for the first time, further cementing the bank as Canada’s undisputed market leader. “This milestone is a testament to the tireless work our entire organization and our partners do every day. Since our founding, the goal has always been to help Canadian homeowners enjoy retirement on their terms through lending solutions

Continue Reading...
05.17.21

Nearly 80% of Canadians 55+ say registered savings and pension plans leave them short-changed for retirement

HomeEquity Bank-commissioned Ipsos survey finds 45% of Canadians 55+ believe accessing the equity in their homes should be part of retirement planning. 28% of Canadians 55+ would consider using their home’s equity to help fund retirement. New national advertising campaign drives home the message that older Canadians don’t want to downsize, despite 76% of them saying their demographic sometimes feels pressured to sell. May 17, 2021 (TORONTO, ON) – A large majority of Canadians 55 and up say government-run r

Continue Reading...
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

Continue Reading...