Reverse mortgage

Industry

Growing reverse mortgage market faces risks: DBRS

The spike in home prices makes recently originated reverse mortgages more risky in a downturn

By Mark Burgess |July 11, 2022

2 min read

Industry

BCSC sanctions founder of failed mortgage firm

Man fined and banned for 15 years for misleading investors

By James Langton |February 1, 2022

2 min read

Industry

Equitable Bank offers reverse mortgage to B.C. credit union members

The bank has partnered with Coast Capital

By Staff |January 15, 2021

1 min read

Industry

Equitable Bank launches reverse mortgage

Offering available in Alberta, British Columbia, Ontario and Quebec

By Staff |November 10, 2020

1 min read

Economic Indicators

Household credit growth slows in November

The deceleration was led by slower growth in mortgage borrowing

By Staff |January 14, 2020

2 min read

Market Insights

Betting the house on retirement

Canadians been told time and time again that, at the very least, their goal should be to retire debt-free. Many are struggling to pay off their debts, and for those who do, there's the allure of the reverse mortgage.

By Staff |November 25, 2013

2 min read

Industry

Takeover bid for reverse mortgage firm

Canada’s leading provider of reverse mortgages is the target of a takeover. The board of HOMEQ Corp. is recommending shareholders accept an offer of $9.50 per share from Birch Hill Equity Partners.

By Staff |April 2, 2012

2 min read

Products

Chilton takes a swipe at reverse mortgages

The list of detractors of reverse mortgage has another name added to it: David Chilton, otherwise known as ‘the wealthy barber’, after the title of this famous book on personal finance.

By Vikram Barhat |February 3, 2012

3 min read

Industry

Some see merit in reverse mortgages

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.

By Vikram Barhat |January 11, 2012

2 min read

Industry

Reverse mortgages soar

The need for an improved cash flow in retirement is leading to record number of reverse mortgages in Canada, according to a HomEquity Bank study.

By Vikram Barhat |January 9, 2012

2 min read

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