Industry Leader Update

Wealth disparity and home equity

Shannon Hicks
 Wealth inequality, economic chaos & the role of home equity Wealth and income inequality. Pulling back from the distasteful political debates that continue to rage on about the haves and have nots it is a clear and present reality. The Pew Research Center made these startling findings. “The wealth

Succeeding in Tough Times: An Interview with Tom O’Donoghue

Shannon Hicks
 Tom O’Donoghue shares how he’s consistently closing several loans each month Our industry is rich with experienced and ethical professionals. Tom O’Donoghue of Reverse Loans Now is just such a person. In Part 1 of our exclusive interview Tom shares exactly how he’s built relationships with area professionals, maintains

Declaring Mortgage Independence-Exclusive Interview

Shannon Hicks
 Older homeowners have a myriad of mortgage choices. Is a 30-year mortgage really a smart move or should they declare mortgage independence? In part two of our exclusive interview with New York Financial advisor Robert Intelisano, we cover the risks of a 30-year mortgage refinance for older homeowners and

The BEST mortgage forbearance plan

Shannon Hicks
 Why older homeowners should consider a reverse mortgage as the ultimate ‘forbearance’ program Many struggling older homeowners have already paid down their original loan balance significantly. Should they refinance the mortgage into a new 30-year term? Not if they want to eventually stop making payments or expect a drop

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