Equitable reports record earnings, sees reverse mortgages soar 262% - Mortgage Rates & Mortgage Broker News in Canada
Equitable reports record earnings, sees reverse mortgages soar 262% - Mortgage Rates & Mortgage Broker News in Canada
Despite a slowing housing market at the end of the first quarter, Equitable Group posted its best-ever quarter with net income up 27% on strong origination growth. It also expects strong growth to continue into 2022, due to a variety of factors. “…we are not the market, and we do expect our own momentum to continue into our traditionally busy spring and summer months,” said Chief Financial Officer Chadwick Westlake. President and CEO Andrew Moor explained this is partly due […]
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