Industry Leader Update

Will possible government shutdown stop RMs? Deadline is near for agreement.

Shannon Hicks
[vimeo id=”26480015″ width=”601″ height=”338″] Ugly Politics: If debt limit agreement is not reached FHA could be part of government shutdown Yes. It’s come down to politicians in Washington threatening that seniors social security checks may stop if the debt-limit or ceiling is not raised by congress. Nice. But closer to

Race for market share

Shannon Hicks
[vimeo id=”25578954″ width=”601″ height=”338″] It’s nothing to gloat about. Quite frankly it came as a shock when Wells Fargo promptly exited stage right from the reverse mortgage business, especially for their employees. Two major banks departing is not a sign that the proverbial ship is sinking, nor are the remaining

GFE & TIL to be combined into one disclosure

Shannon Hicks
[vimeo id=”24023980″ width=”601″ height=”338″] Seniors Staying In Their Homes More seniors are staying in their homes due to the economy. Also, the Consumer Protection Bereau releases a combination of GFE and Truth and Lightning Disclosures. See the new disclosures at the links below:New Disclosures

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