You must never allow yourself to become so upset that you become Mentally Paralyzed. Think about this for a second. What you do right now will determine your income 3-6 months from now. Do nothing and you will earn ZERO 3-6 months from now.
Continue readingHUD sued by AARP over non-recourse clause
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Industry Leader Update: March 14, 2011 from Shannon Hicks on Vimeo.
FAT? Financial Assessment coming soon for RMs
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Industry Leader Update Feb 7, 2011 from Shannon Hicks on Vimeo.
Unthinkable
Never thought it would happen? It appears FHA will be releasing a new rule requiring some basic credit underwriting guidelines for future reverse mortgage borrowers.
Continue readingExit Wounds:
Interest rates climbing
Friday’s Food for Thought…
Survivors are thriving
Starting the year strong: January 2011 Lenders Report
January is a welcome strong beginning for the new year.
A substantial turn showing improvement in overall endorsement volume was shown last month. You can download the report here.
Extreme Measures: Industry Leader Update
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Reverse Mortgage Lenders And The HECM Saver
In this week’s reverse mortage industry leader update, one major reverse mortage lender has already made the HECM Saver a substantial part of their business. Also, a US Senator proposes a bill that would completely defund and eliminate HUD. Watch the video for more.