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Reverse Mortgage Demand Surges in Canada, Up 35% from 2016 

Jun 13, 2017By

The lone Canadian reverse mortgage lender logged a record month for originations in May, validating recent rumblings about a potential surge in demand for home equity conversion products north of the border. HomEquity Bank, which offers the proprietary CHIP Reverse Mortgage to Canadians 55 and older, reported a record $60 million in originations in May […]