Home Equity Income Trust
By Petra Amelia on September 19th, 2007
Home Equity Income Trust from time to time makes written and verbal forward-looking statements about business objectives, operations, performance, and financial condition, including, in particular, the forecast of cash distributions and the likelihood of HOMEQ’s success in developing and expanding its business. HOMEQ unitholders with stable monthly cash distributions from a portfolio of reverse mortgages originated by its wholly owned subsidiary Canadian Home Income Plan Corporation. The Trust has an optional distribution reinvestment plan that permits unitholders to use the monthly cash distribution paid on their existing units to purchase additional units directly from the Trust without paying service charges or brokerage commissions.
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