Videos

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

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

Persistence: Friday’s Food for Thought Video

Shannon Hicks
[vimeo id=”28166015″ width=”601″ height=”338″] 1.  Identify Your Wants and Desires If you don’t know where you are going, you will probably end up somewhere else.  – Lawrence J. Peter List your desires both professionally (originations , income) & personal 2.  Determine Your Motivation Why do you want to work as

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?

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