Videos

Visit the HECMworld.com reverse mortgage news blog for reverse mortgage videos.

101 year old evicted in Reverse Mortgage T&I Default: Industry Leader Update

Shannon Hicks
[vimeo id=”29168490″ width=”601″ height=”338″] The behind the scenes of the eviction of a 101 year old Detroit woman due to tax & insurance default on reverse mortgage Video grabs from WXYZ television in Detroit. Original Story of eviction here.    Updated story of eviction here.

Not saying anything is often times doing harm to clients

Shannon Hicks
[vimeo id=”28836753″ width=”601″ height=”338″] Does the doctor really know what’s best? What if you went to the doctor and they didn’t know about a life-saving treatment that had been used for 20 plus years and you left becoming worse? That’s similar to the situation many retirees find themselves in when

Remembrance: What makes us strong. Friday’s Food for Thought

Shannon Hicks
[vimeo id=”28828489″ width=”601″ height=”338″] During this week of remembrance here are some things to remember that have made the reverse mortgage industry stronger: We’re not selling loans, but changing lives Our industry has improved consumer education, product choices, and costs 4 million plus Baby Boomers will reach retirement age each

Lenders see business uptick in wake of big bank exits: Industry Leader Update

Shannon Hicks
[vimeo id=”28432975″ width=”601″ height=”338″] Remaining lenders are seeing something they’ve always wanted… an increase in referral phone calls from non-reverse banks and financial professionals. Many of these referrers had sent their clients to Wells Fargo & Bank of America based on their well known brand and geographic convenience. Today reverse

Worth fighting for: Friday’s Food for Thought

Shannon Hicks
[vimeo id=”28431641″ width=”601″ height=”338″] We may feel we are on the ropes, but there are some things worth fighting for as reverse mortgage professionals. Our rights as originators: Fairness in regulation (NMLS renewal) To be included in regulatory discussion To be treated as a professional not a predator by lawmakers

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

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