Friday’s Food for Thought: Overcoming fear in the reverse mortgage world

Shannon Hicks
[vimeo id=”27348153″ width=”601″ height=”338″] Ways to Overcome Fear and Make Changes With the rapid-fire changes facing our industry, it’s easy to fall into the trap of letting fear stop us from meeting our goals or making positive changes in our business. Here are a few practical ways we can move

Friday’s Food for Thought: Are you asking the right questions?

Shannon Hicks
[vimeo id=”26483800″ width=”601″ height=”338″] Why it matters To get a grasp of the impact of the upcoming Financial Assessment guidelines for reverse mortgage borrowers we must begin asking (if we’re not already) some simple questions. Do you know your borrower’s income, debt payments and assets? Learn why this is imperative

Will possible government shutdown stop RMs? Deadline is near for agreement.

Shannon Hicks
[vimeo id=”26480015″ width=”601″ height=”338″] Ugly Politics: If debt limit agreement is not reached FHA could be part of government shutdown Yes. It’s come down to politicians in Washington threatening that seniors social security checks may stop if the debt-limit or ceiling is not raised by congress. Nice. But closer to

Race for market share

Shannon Hicks
[vimeo id=”25578954″ width=”601″ height=”338″] It’s nothing to gloat about. Quite frankly it came as a shock when Wells Fargo promptly exited stage right from the reverse mortgage business, especially for their employees. Two major banks departing is not a sign that the proverbial ship is sinking, nor are the remaining

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