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Remembrance: What makes us strong. Friday’s Food for Thought

Shannon Hicks
[vimeo id=”28828489″ width=”601″ height=”338″] During this week of remembrance here are some things to remember that have made the reverse mortgage industry stronger: We’re not selling loans, but changing lives Our industry has improved consumer education, product choices, and costs 4 million plus Baby Boomers will reach retirement age each

Lenders see business uptick in wake of big bank exits: Industry Leader Update

Shannon Hicks
[vimeo id=”28432975″ width=”601″ height=”338″] Remaining lenders are seeing something they’ve always wanted… an increase in referral phone calls from non-reverse banks and financial professionals. Many of these referrers had sent their clients to Wells Fargo & Bank of America based on their well known brand and geographic convenience. Today reverse

Worth fighting for: Friday’s Food for Thought

Shannon Hicks
[vimeo id=”28431641″ width=”601″ height=”338″] We may feel we are on the ropes, but there are some things worth fighting for as reverse mortgage professionals. Our rights as originators: Fairness in regulation (NMLS renewal) To be included in regulatory discussion To be treated as a professional not a predator by lawmakers

Remaining Lenders Grow: August 2011 Top 100 HECM Lenders Report

Shannon Hicks
Download the August 2011 Top 100 HECM Lenders Report here. Big Names disappear, survivors grow It’s strange to no longer see the familiar name of Bank of America on the top lenders report. Wells Fargo remains because endorsements usually trail applications by 3-4 months so soon they will fade from

Solutions for borrowers to age in place. Part 3

Amara Rose
How Reverse Mortgages Can Help Seniors Age In Place, Part 3 Each year, more than 22,000 agencies nationwide provide home care services to over two million people, and as the population ages, these numbers will continue to grow. Like the senior described in How Reverse Mortgages Can Help Seniors Age

Many jeopardized by poor credit for NMLS renewals: Industry Leader Update

Shannon Hicks
[vimeo id=”28175743″ width=”601″ height=”338″] NMLS license renewals may get dicey for reverse originators with challenged credit history If the last few years have taught us anything it’s that mortgage and financial professionals suffered financially with other Americans due to the housing and economic crash. This leaves many qualified reverse originators

Persistence: Friday’s Food for Thought Video

Shannon Hicks
[vimeo id=”28166015″ width=”601″ height=”338″] 1.  Identify Your Wants and Desires If you don’t know where you are going, you will probably end up somewhere else.  – Lawrence J. Peter List your desires both professionally (originations , income) & personal 2.  Determine Your Motivation Why do you want to work as

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