Friday, March 3, 2006

Home Equity May Be on Big Banks Radar

Reverse mortgages: Growth potential could attract competitionFinancial Post, Duncan Mavin, 3 March 2006Home Equity Income Plan continues to expand at a rate to make Canada's eager-for-growth banking sector green with envy. But with Home Equity a long way off from fully exploiting the much bigger potential for the reverse mortgage market, the trust could be looking over its shoulder at the banks

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