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AB2010 – California mandatory face-to-face counseling

by Shannon Hicks

Opposing AB2010 (California)

Opposing AB2010 CaliforniaIf you originate in California you will want to follow this story. The California Senior Legislature has asked for mandatory face to face reverse mortgage counseling. If passed, it would be a substantial change to the way California originators do business in the future.

Here is a link to the story on Reverse Mortgage Daily for more info.

 

 

Shannon Hicks - Shannon is a cofounder of Reverse Focus, Inc. He draws from his experience as a reverse mortgage originator and prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he began podcasting and in 2010 with weekly video updates. He has spoken nationally at industry events and is host of the nation’s only weekly podcast for reverse mortgage professionals “Reverse Focus Weekly”. For more information, call 1.800-805-9328 x 3-3 or visit www.ReverseFocus.com .

2 comments

Marilu Veale March 14, 2012 at 10:55 am

Thanks, Shannon for the form letter and for spreading the word.

Reply
Shannon Hicks March 14, 2012 at 10:57 am

You are most welcome Marilu. I hope California originators do take action quickly.

Reply

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