EPISODE #865:
CFPB employees told to cease most work
[NPR] Employees of the CFPB will have a lot of time on their hands. Scott Bessent, confirmed as Treasury secretary is now the bureau’s acting director who told CFPB employees to halt most work.
Other Stories:
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[HECMWorld] Chicago scammer was able to victimize homeowners due to delayed justice and lax regulatory oversight
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[AP News] Scott Turner confirmed as HUD Secretary.
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[Lending Tree] Nearly all adults 66-71 carry non-mortgage debt.
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[CBS News] 3 reasons to borrow against your home-even if it’s paid off.
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Shannon Hicks
Editor in Chief: HECMWorld.com
As a prominent commentator and Editor in Chief at HECMWorld.com, Shannon Hicks has played a pivotal role in reshaping the conversation around reverse mortgages. His unique perspectives and deep understanding of the industry have not only educated countless readers but has also contributed to introducing practical strategies utilizing housing wealth with a reverse mortgage.
Shannon’s journey into the world of reverse mortgages began in 2002 as an originator and his prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he launched the podcast HECMWorld Weekly. Later, in 2010 he began producing the weekly video series The Industry Leader Update and Friday’s Food for Thought.
Readers wishing to submit stories or interview requests can reach our team at: info@hecmworld.com.
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