Eight years ago, HomeEquity Bank had Canada's reverse mortgage field pretty much to itself.
Today, the stage is getting more crowded with hungry rivals that include Equitable Bank, Bloom Finance, Fraction, and—as of this morning—Home Trust. The latter has officially launched "EquityAccess."
Like hawks at a bingo hall, all five of these players are eyeing the same aging demographic. To see if Home Trust brings more than enthusiasm and marketing brochures, we spoke to its VP of Mortgage Products, Nader Gorgi, for details.
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