Podcast

Could Reverse Mortgages Be the “Value” Play for Millions of Older Americans?

Shannon HicksDecember 4, 2023December 1, 2023

by Shannon HicksDecember 4, 2023December 1, 20230376

"When we consider the liquidity options and flexibility they [reverse mortgages] can bring to a long-term retirement plan, they are truly a value play that should be considered."

Open Mortgage exits reverse mortgage lending

Shannon HicksNovember 27, 2023November 28, 2023

by Shannon HicksNovember 27, 2023November 28, 20231597

Top-ten HECM lender Open Mortgage announced the closure of their reverse mortgage division citing profitability challenges from...

HECM MMI Fund Remains Positive for Now

Shannon HicksNovember 20, 2023November 18, 2023

by Shannon HicksNovember 20, 2023November 18, 20230176

While the HECM portion of FHA's portfolio remains positive its capital ratio has slightly slipped thanks to the program's extreme sensitivity to home price appreciation and interest rates...

The 6 fastest ways to cash out your home equity

Shannon HicksNovember 13, 2023November 14, 2023

by Shannon HicksNovember 13, 2023November 14, 20230365

There's been much media buzz about 'AI' or Artificial Intelligence but where can it be used in the reverse mortgage industry?

Australians are flocking to reverse mortgages

Shannon HicksNovember 6, 2023November 7, 2023

by Shannon HicksNovember 6, 2023November 7, 20230326

After two years of engagement and feedback from HECM lenders, servicers, consumer advocates, and other housing industry participants the Federal Housing Administration (FHA) released its updated handbook which consolidates HECM policies.

FHA Commissioner says the agency is fully committed to the HECM program

Shannon HicksOctober 30, 2023October 30, 2023

by Shannon HicksOctober 30, 2023October 30, 20233 493

FHA Commissioner Julia Gordon reaffirmed the agency’s commitment to the HECM program in her keynote address to the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting in Nashville, Tenn last week.

Why I reversed my thoughts on reverse mortgages

Shannon HicksOctober 23, 2023October 20, 2023

by Shannon HicksOctober 23, 2023October 20, 20230395

One Canadian financial commentator recounts her journey from a reverse mortgage skeptic to one who embraced the loan as a viable...

What does aging in place really mean?

Shannon HicksOctober 16, 2023October 17, 2023

by Shannon HicksOctober 16, 2023October 17, 20234 418

People toss around the phrase 'aging in place' but what does it really mean?

2024 HECM Limit Increased: Here’s why

Two reasons for the Fed cut rates in…

HECM Counseling Demystified

FHA’s proposed HECM policy changes: What you need…

Podcast

Could Reverse Mortgages Be the “Value” Play for Millions of Older Americans?

Open Mortgage exits reverse mortgage lending

HECM MMI Fund Remains Positive for Now

The 6 fastest ways to cash out your home equity

Australians are flocking to reverse mortgages

FHA Commissioner says the agency is fully committed to the HECM program

Why I reversed my thoughts on reverse mortgages

What does aging in place really mean?

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