Clients can borrow up to 90% of the cash surrender value of the life insurance policy
Equitable Trust is consistent with bank’s strategic vision
Path Home Plan is available in Alberta, British Columbia and Ontario
Deposits up 14% from a year ago
Account available through investment advisors
Analysts are quite enthusiastic about the prospects for two of Canada’s alternative mortgage providers
Economic and credit market landscapes have improved
Transactions further strengthen mortgage lender’s capital position
Increase achieved through a combination of margin improvement measures, improved productivity, diligent risk management and attractive securitization volumes and spreads
Mortgage financings up 77.5% from a year ago