Industry Leader Update

Government Sponsored Reverse Ads?

Shannon HicksFebruary 20, 2012September 10, 2013

by Shannon HicksFebruary 20, 2012September 10, 20134 1349

Government programs like Medicare & Medicaid are going broke. Some compelling reasons for our government to promote reverse mortgages for their benefit and seniors.

Over the horizon – CFPB Regulation Changes

Shannon HicksFebruary 13, 2012September 10, 2013

by Shannon HicksFebruary 13, 2012September 10, 20132 1186

We continue down the road remembering the challenges behind us while keeping a cautious eye on the horizon. The point is we are not finished yet.

Shaping our future: Financial Assessment

Shannon HicksFebruary 6, 2012September 10, 2013

by Shannon HicksFebruary 6, 2012September 10, 20136 1496

Some claim it has created confusion in the marketplace. Others fear it will exclude up to 30% of borrowers. As the debate continues, the Financial Assessment is the biggest game-changer our industry faces, and our future borrowers

Here & Gone: Top lender MetLife drops financial assessment

Shannon HicksJanuary 30, 2012September 10, 2013

by Shannon HicksJanuary 30, 2012September 10, 20133 1338

It was groundbreaking when MetLife began using the Financial Assessment but now they have stopped using it altogether. Learn more in this week's video.

Reaching out: Why it always works

Shannon HicksJanuary 23, 2012September 10, 2013

by Shannon HicksJanuary 23, 2012September 10, 201310 1621

Here's why reaching out to realtors about the HECM Purchase will open more doors than you would expect, despite the down housing market.

People get ready: CFPB and HECM disclosures

Shannon HicksJanuary 16, 2012September 10, 2013

by Shannon HicksJanuary 16, 2012September 10, 20138 1812

The CFPB has announced it's examination procedures for lenders including reverse mortgages. What guidelines and disclosures will we see added? What now must be addressed in the future?