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Home Equity Income Trust Subsidiary Issues Medium Term Notes (CNW Group via Yahoo! Finance)
Home Equity Income Trust today announced that its subsidiary, CHIP Mortgage Trust , has arranged the sale of $150,000,000 of senior medium term notes and $20,000,000 of subordinated medium term notes .

Home Equity Income Trust Announces Record Quarterly Originations For Q3 2007 (CNW Group via Yahoo! Finance)
Home Equity Income Trust , which pays cash distributions earned from a portfolio of reverse mortgages originated by Canadian Home Income Plan today announced record quarterly new mortgage originations for the three months ended September 30, 2007.

Should you tap into your home equity? (MSN Money Canada)
Like many older Canadians, paying off your mortgage during your working life has been a big priority. But now, even though the mortgage may be gone, escalating energy costs and increasing property taxes are eating up much of the cash you'd hoped to use for enjoying the good life.

2 mortgage brokers to plead guilty in alleged equity skimming (Minneapolis-St. Paul Star Tribune)
Two Twin Cities mortgage brokers have agreed to plead guilty in federal court this week in connection with an alleged equity skimming scheme that targeted financially distressed and vulnerable homeowners. Michael Fiorito, 39, of Prior Lake, pleaded guilty today in U.S. District Court in Minneapolis to a single mail fraud count in exchange for the dismissal of a conspiracy charge and three other ...

Home equity loan or refinance? (Bankrate.com)
Dear Dr. Don, The appraised value on my home after renovations is more than my current mortgage. What are my options as far as the equity and/or refinancing?

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