Industry Leader Update

How to be a HECM Expert on Television

Shannon HicksFebruary 3, 2020January 31, 2020

by Shannon HicksFebruary 3, 2020January 31, 20200802

Getting on TV is not impossible. Here’s how some did it. Let’s face it. Credibility is everything when it comes to approaching homeowners about how the Home Equity Conversion Mortgage. One of the most powerful ways to boost your standing as the authority on all things reverse mortgage is

3 Reasons to Get a Reverse Mortgage

Shannon HicksJanuary 24, 2020

by Shannon HicksJanuary 24, 20201743

The Motley Fool gives 3 reasons to get a reverse mortgage You may want to file away the statements made in a recent Motley Fool article the next time you sit down with a potential borrower. While many financial columnists are not only critical but misinformed about the Home

Your Survey Results: HECM Confusion

Shannon HicksJanuary 20, 2020January 17, 2020

by Shannon HicksJanuary 20, 2020January 17, 20200674

Here’s what fellow HECM professionals said about HECM confusion with potential borrowers What’s the most confusing aspect of the HECM? What type of transactions are most confusing? What would help homeowners better understand the loan?

What’s stopping HECM loan growth?

Shannon HicksJanuary 11, 2020January 11, 2020

by Shannon HicksJanuary 11, 2020January 11, 20206 816

Are repeated HECM changes and stricter guidelines preventing substantial growth in HECM endorsements? Despite increasing housing wealth, a growing senior population, and increasing financial need few older homeowners are taking a reverse mortgage. An examination of potential roadblocks and how to overcome them.

Your 2020 HECM Market Forecast

Shannon HicksJanuary 6, 2020January 6, 2020

by Shannon HicksJanuary 6, 2020January 6, 20202 761

An examination of the economic and market forces that will shape federally-insured reverse mortgage lending in 2020. It’s been said that more people are alive today than have died throughout history. It appears the opposite of that is true when it comes to federally-insured reverse mortgages. Since 2016 the

The Top Reverse Mortgage News Stories of 2019

Shannon HicksDecember 30, 2019December 24, 2019

by Shannon HicksDecember 30, 2019December 24, 20192 708

Watch the top reverse mortgage stories of 2019

USA Today: Heirs left with heartache

Shannon HicksDecember 23, 2019February 19, 2020

by Shannon HicksDecember 23, 2019February 19, 20203 923

Heirs attempting to payoff reverse mortgages face hurdles or accelerated foreclosures Losing a parent is truly a heart-wrenching experience. One that many of you our viewers, and myself have endured. Compounding the grief is the frustration in settling the financial affairs of your loved one. According to a recent

Abandoned HECM Properties

Shannon HicksDecember 16, 2019December 16, 2019

by Shannon HicksDecember 16, 2019December 16, 20196 1010

Accounts of abandoned HECM properties highlight significant servicing problems for assigned loans “My mother passed 3 years ago and she had a reversed mortgage on her home that funds ran out several years ago. All documents were sent to the servicing company (death certificate, copy of the trust) in 2016. Since

4-Minute Reverse Mortgage News Roundup

Now More Than Ever Before

New York Reverse Lenders Impacted by 11th-hour Regulations

The World Bank Group Examines RM Growth

Industry Leader Update

How to be a HECM Expert on Television

3 Reasons to Get a Reverse Mortgage

Your Survey Results: HECM Confusion

What’s stopping HECM loan growth?

Your 2020 HECM Market Forecast

The Top Reverse Mortgage News Stories of 2019

USA Today: Heirs left with heartache

Abandoned HECM Properties

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