Industry Leader Update

Many jeopardized by poor credit for NMLS renewals: Industry Leader Update

Shannon Hicks
[vimeo id=”28175743″ width=”601″ height=”338″] NMLS license renewals may get dicey for reverse originators with challenged credit history If the last few years have taught us anything it’s that mortgage and financial professionals suffered financially with other Americans due to the housing and economic crash. This leaves many qualified reverse originators

Consumer Distress Index & Online mortgage ads. Industry Leader Update Video

Shannon Hicks
[vimeo id=”27885377″ width=”601″ height=”338″] An online consumer watchdog group is asking the CFPB (Consumer Financial Protection Bureau) to restrict and further regulate online ads that utilize “behavioral modeling”. Are ads that are targeted to specific online consumer deceptive or abusive in themselves?

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

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