HomEquity Shatters Records for Canadian Reverse Mortgages in 2011 - Reverse Mortgage Daily

HomEquity Shatters Records for Canadian Reverse Mortgages in 2011 Reverse Mortgage Daily Canada's reverse mortgage lender HomEquity Bank saw a major surge in reverse mortgage originations in the fourth quarter of 2011, in addition to a year with a substantial increase across the board. The reverse mortgage originator saw a 42% volume ...

HomEquity Bank's reverse mortgage originations up 42% in Q4 2011 - Stockhouse

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HomEquity Bank's reverse mortgage originations up 42% in Q4 2011 Stockhouse As at December 31, 2011, HomEquity Bank's portfolio of reverse mortgages of $1.2 billion was 17% higher than at December 31, 2010. "Since its inception 25 years ago, HOMEQ Corporation has analyzed the demographic wave of Canadian seniors and how our ... Reverse mortgages soarAdvisor.ca all 4 news articles »

Some see merit in reverse mortgages - Advisor.ca

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Some see merit in reverse mortgages Advisor.ca A record number of reverse mortgages in Canada has sparked concern, with some in the financial industry expressing fears of homelessness. However, the more pragmatic in the industry are quick to offer reassurance that it's not all gloom and doom. and more »

Smoke issue creates big stink - Montreal Gazette

Smoke issue creates big stink Montreal Gazette Lopes had to re-mortgage his house in Rosemont to pay for his restaurant's $200000 renovation. Now he and his son and business partner, Neil, intend to take the city to court to reverse the fine. "If we have to pay it, I'm closing my doors and moving ... and more »

Toronto Real Estate Roundup January 27th 2012 - Move Smartly

Toronto Real Estate Roundup January 27th 2012 Move Smartly That means most home owners could now qualify to take on 22% more debt than they could with a 25 year mortgage. Furthermore, Canadian Home Income Plan (CHIP) reverse mortgages have grown in popularity over the past ten years. Reverse mortgages allow ...