Will FHA foreclosures sink home values?
Will FHA foreclosures tank US home prices? This week, we examine recent FHA foreclosure activity, underwriting standards, borrower debt, and the scope of FHA lending in the overall mortgage market.
Shannon Hicks
Editor in Chief: HECMWorld.com
As a prominent commentator at HECMWorld.com and cofounder of the software as a service company Reverse Focus, Inc., 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.
For story submissions or interview requests, contact our team at info@hecmworld.com.
2 Comments
I thought President Trump promised to lower home prices. What is the issue?
Good question. IMO the market will have to normalize to bring home values more into line with local median incomes.