Industry Leader Update

Jumbos compliment a challenged HECM market

Shannon HicksMay 20, 2019May 17, 2019

by Shannon HicksMay 20, 2019May 17, 20193 506

Jumbo RMs and those caught in the middle Two months ago we asked if private reverse mortgages would stop the slide in our industry’s overall loan production with the increasing popularity of the jumbo or proprietary- this as the HECM’s volume has dropped considerably. That question was raised again

A Tough Sale?

Shannon HicksMay 13, 2019May 10, 2019

by Shannon HicksMay 13, 2019May 10, 20190672

A ‘tough sell’, HECM complaints, and property tax assistance for reverse mortgage borrowers This week, reverse mortgage stories from across the web…

HECMS: A Risky Proposition?

Shannon HicksMay 6, 2019May 5, 2019

by Shannon HicksMay 6, 2019May 5, 20196 942

Ken Fisher (‘the I hate annuities” guy) says reverse mortgages are a risky proposition. What about seniors with little retirement savings? “I hate annuities. We don’t sell annuities. I would die and go to hell before I would sell an annuity”. Those words may sound familiar If you’ve seen

What they’re not telling you

Shannon HicksApril 29, 2019April 26, 2019

by Shannon HicksApril 29, 2019April 26, 20192 609

HECM originators: the silent objection for many older homeowners is using up their home equity [Download transcript] When you sit down with a potential reverse mortgage borrower, you know they didn’t invite you over for a cup of coffee. Before they clicked on your ad, picked up the phone

Truth in Numbers

Shannon HicksApril 22, 2019April 19, 2019

by Shannon HicksApril 22, 2019April 19, 20193 607

An honest assessment of HECM loan volumes & consumer demand [Download transcript] Just where does the reverse mortgage industry stand today? Are we on the road to explosive growth, a mild recovery, or are lower loan volumes for the remainder of the year? Somewhere between extreme exuberance and pessimism

Old Habits Won’t Open New Doors

Shannon HicksApril 15, 2019April 12, 2019

by Shannon HicksApril 15, 2019April 12, 20191520

Top producers have broken free from the old way of doing business [Download transcript] Habits are there for a reason. They bring us comfort with their predictability and yet are often the root of our frustration. Ironic? Not so much. Chalk it up to human nature, and in many

Examining the HECM’s Viablity

Shannon HicksApril 8, 2019April 8, 2019

by Shannon HicksApril 8, 2019April 8, 20191709

Truth be told, the HECM is not the only loan that is dependent on the government [Download transcript] The United States is in the mortgage business and in a big way. I have had to repeatedly remind myself that Uncle Sam’s reach in mortgage lending goes far beyond Home

Trump to HUD: Examine Viability of HECM Program

Shannon HicksApril 1, 2019April 3, 2019

by Shannon HicksApril 1, 2019April 3, 20195 2359

The HECM tops the list of Trump Administration’s HUD reforms [Download transcript] President Trump has directed HUD to examine the ‘viability’ of the Home Equity Conversion Mortgage and to take other steps to strengthen FHA and the housing GSE’s Fannie Mae & Freddie Mac…

Foreclosure Confusion & Media Fallout

Housing Market & Interest Rate Changes

Part 2: An interview with Don Graves

An interview with Don Graves

Industry Leader Update

Jumbos compliment a challenged HECM market

A Tough Sale?

HECMS: A Risky Proposition?

What they’re not telling you

Truth in Numbers

Old Habits Won’t Open New Doors

Examining the HECM’s Viablity

Trump to HUD: Examine Viability of HECM Program

Connect With Us

SUBSCRIBE