EPISODE #830
Flood insurance may force reverse mortgage borrowers to give up their home
[Housing Wire] U.S. Senator Bill Cassidy (R-LA) exposes how FEMA’s new flood rating methodology is putting one couple with a reverse mortgage at risk among others. [Listen for Details]
Other Stories:Â
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[Housing Wire]Â Ginnie Mae says new HECM mortgage backed security should be launched by year’s end with initial details coming this month.
- [CNN] Zero-down mortgages are back! Here’s what you need to know..
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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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