Podcast Episodes

The Federal Reserve under a Biden Admin

Shannon HicksJanuary 25, 2021January 22, 2021

by Shannon HicksJanuary 25, 2021January 22, 2021059

Unable to use the embedded player? Listen here. EPISODE #654 Though less contentious the Fed will likely still face pressure from the Biden Administration “The Fed in recent months has been pushed to use its policy levers to help with racial economic equality and to assist in the battle against

Rocket Mortgage report reveals older borrower trends

Shannon HicksJanuary 18, 2021January 19, 2021

by Shannon HicksJanuary 18, 2021January 19, 20212 261

Unable to use the embedded player? Listen here. EPISODE #653 Rocket Mortgage report reveals borrowing trends of older borrowers Among the plethora of statistics in Rocket Mortgage’s October 2020 report lies insightful data on the borrowing behavior of older Americans. Here are a few of the most relevant takeaways you

My sister drained my dad’s equity

Shannon HicksJanuary 11, 2021January 8, 2021

by Shannon HicksJanuary 11, 2021January 8, 20214 388

Unable to use the embedded player? Listen here. My sister became my father’s power of attorney, took out a reverse mortgage, and drained his equity. What can I do? “My sister made herself his power of attorney without consulting me or my brother. I didn’t find out until I did

E651: The HECM as a Stand-Alone Product

Shannon HicksJanuary 4, 2021January 5, 2021

by Shannon HicksJanuary 4, 2021January 5, 20210550

Unable to use the embedded player? Listen here. The HECM as a stand-alone loan or part of an integrated retirement plan? “The practice, almost without exception, is to deliver HECMs as a stand-alone. HECM reverse mortgage lenders are barred by HUD rule from delivering HECMs in conjunction with…” Jack Guttentag,

I won’t live to see my mortgage paid off

Shannon HicksDecember 28, 2020December 23, 2020

by Shannon HicksDecember 28, 2020December 23, 20200398

Unable to use the embedded player? Listen here. I’m retired and won’t live to see my mortgage paid off. Should I refinance to lower my monthly payment? “Is it worth having my home refinanced at a lower, fixed percentage rate and paying closing costs? What other options should I consider?”

Podcast E649: Widower with reverse walks from home

Shannon HicksDecember 21, 2020December 21, 2020

by Shannon HicksDecember 21, 2020December 21, 20201746

Unable to use the embedded player? Listen here. Widower abandons his property in The Villages retirement community On January 13th a long-time resident of ‘The Villages” lost his wife of 67 years ‘Terri’. Later he walked away from his home which was the subject of a recent hearing before the

Podcast E648: Some Worried About a Revived CFPB

Shannon HicksDecember 14, 2020December 14, 2020

by Shannon HicksDecember 14, 2020December 14, 20200273

Unable to use the embedded player? Listen here. Wallstreet isn’t the only one worried about a revived CFPB “Banks should be prepared for more aggressive enforcement and an expansion of the CFPB’s authority through its rulemakings,” said Rachel Rodman, a former CFPB lawyer who now represents banks as a partner

Podcast E647: Revision Improves HECM’s Economic Net Worth by $7B

Shannon HicksDecember 7, 2020December 6, 2020

by Shannon HicksDecember 7, 2020December 6, 20200495

Unable to use the embedded player? Listen here. Revision Improves HECM’s Economic Net Worth by $7B One industry observer noted a difference between HUD’s Annual Report to Congress and the actuarial review of the HECM in FHA’s insurance fund. Here’s how a $7 billion difference was found and why. Other

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Podcast Episodes

The Federal Reserve under a Biden Admin

Rocket Mortgage report reveals older borrower trends

My sister drained my dad’s equity

E651: The HECM as a Stand-Alone Product

I won’t live to see my mortgage paid off

Podcast E649: Widower with reverse walks from home

Podcast E648: Some Worried About a Revived CFPB

Podcast E647: Revision Improves HECM’s Economic Net Worth by $7B

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