House rich and cash poor turn to reverse mortgages
Between 2004 and 2008 compound annual growth at Toronto-based HomEquity Bank (CHIP), Canada’s leader in reverse mortgages, was 12%. “Canada’s seniors market is the fastest growing segment of the population and we have a proven track record of providing innovative solutions to meet seniors’ financial needs,” said Greg Bandler, senior vice-president, HomEquity Bank.
House rich and cash poor turn to reverse mortgages.
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