Industry Leader Update

The Bank of Mom & Dad

Shannon HicksMarch 25, 2019March 22, 2019

by Shannon HicksMarch 25, 2019March 22, 20190435

Reverse Mortgages & parental down payment assistance [Download transcript] It’s both a demographic and social phenomena. More parents are supporting their adult children, in many instances keeping them financially afloat according to a recent article in The Financial Brand. Many reverse mortgage originators have seen their borrowers use a

A Radically Different Approach

Shannon HicksMarch 18, 2019March 15, 2019

by Shannon HicksMarch 18, 2019March 15, 20191596

A unique approach to loan risk management [Download transcript] The concept of the reverse mortgage is not merely an American phenomena. China, India, the United Kingdom, and Hong Kong all have their own unique reverse mortgage programs to help their older populations age in place. However, one country has

Homeowners Marooned

Shannon HicksMarch 11, 2019March 8, 2019

by Shannon HicksMarch 11, 2019March 8, 20191765

Australia’s cautionary tale for America [Download transcript] It’s said that nature abhors a vacuum. In the case of Australia, the question is who will fill it? Like an episode of Lost, senior homeowners in Australia now find themselves marooned being unable to tap their equity with no monthly payments.

Will this Save the Reverse Mortgage Industry?

Shannon HicksMarch 4, 2019March 1, 2019

by Shannon HicksMarch 4, 2019March 1, 20195 1099

More looking outside the HECM as a single solution What will save the reverse mortgage industry or at least put us back on a trajectory of sustained growth? One industry leader sees a path for recovery- one that broadens our vision and approach. Finance of America Reverse’s President Kristen

Should we tear down the wall?

Shannon HicksFebruary 25, 2019February 22, 2019

by Shannon HicksFebruary 25, 2019February 22, 20191711

Diversification or Separation of HECM and Traditional Mortgage Lending As the national debate on the morality or effectiveness of a wall on our southern border rages on, one barrier is being slowly removed. As the number of the federally-insured reverse mortgage loans has languished in recent years, more former

The Source of All HECM Endorsements

Shannon HicksFebruary 18, 2019February 15, 2019

by Shannon HicksFebruary 18, 2019February 15, 20191844

The leading indicator of HECM loan volume Which came first the chicken or the egg? There’s no number that reverse mortgage lenders and originators track more closely than our monthly endorsement totals. That is, the number of federally-insured reverse mortgages that are formally ‘insured’. In fact, our monthly Top

Older Homeowners Facing 3 Risks

Shannon HicksFebruary 11, 2019February 11, 2019

by Shannon HicksFebruary 11, 2019February 11, 20190641

Download the January Top 100 HECM Lenders Report Even retirees who saved for retirement are at risk Older American homeowners may want to take a second look at all their retirement options sooner than later. Retirees who have saved for their retirement may find themselves challenged more specifically in

More than a cliche: Back to Basics

Shannon HicksFebruary 4, 2019February 4, 2019

by Shannon HicksFebruary 4, 2019February 4, 20192 596

Download the January Top 100 HECM Lenders Report Increased sales skills effectiveness One of the things we don’t have to tell you is that the business of originating reverse mortgages is challenging. Some see new sales opportunities. Others say it is time to get back to basics. That was

Jumbos compliment a challenged HECM market

A Tough Sale?

HECMS: A Risky Proposition?

What they’re not telling you

Industry Leader Update

The Bank of Mom & Dad

A Radically Different Approach

Homeowners Marooned

Will this Save the Reverse Mortgage Industry?

Should we tear down the wall?

The Source of All HECM Endorsements

Older Homeowners Facing 3 Risks

More than a cliche: Back to Basics

Connect With Us

SUBSCRIBE