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HOMEQ Net Income Up 42% in Q2, Sees Reverse Mortgage Demand Grow 

Aug 10, 2011By

HOMEQ Corporation, the largest provider of reverse mortgages in Canada, saw originations in the second quarter grow 18% from last year, coming in at $69.7 million. Adjusted net income per share increased by 42% over the same period in 2010, the portfolio grew by 16% to $1.1 billion. The company continues to see more demand […]