For homeowners who need cash but either can’t charm a lender or don't want payments, there are options. But few consider this particular option: the Home Equity Sharing Agreement (HESA). Home Equity Partners (HEQ) is one of a handful of purveyors of HESAs in Canada. We caught

First National Financial, a non-bank powerhouse that's one of Canada's biggest broker lenders, plans to sell a controlling stake to private equity in a $2.9 billion deal. The two groups signing the cheque are: * Global alternative asset manager Brookfield Asset Management Ltd., which owns private

DLC co-founders Gary Mauris and Chris Kayat, and Wind Mobile co-founder Anthony Lacavera, were part of a consortium that took a controlling stake in WealthONE Bank. The group dropped $58 million for an almost two-thirds interest in the bank, which the Globe & Mail reports has never made a profit.

Why would Canada's largest mortgage originator, which has access to almost every lender in the land, decide to bankroll a brand new alternative lender? That's what we asked DLC Group after it took a 40% stake in the upstart Heartwood Financial Group (HFG). The business strategy