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Videos

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

All that USA Today got wrong about reverse mortgages

Shannon Hicks
by Shannon Hicks9 967
 A rebuttal to USA Today’s recent expose/editorial on reverse mortgages If there’s one thing many media outlets practice it is selective reporting of facts, willful omission, dividing Americans by race or economic class, and fear-mongering to garner clicks to increase ad revenues. Such are the criticisms that come to
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The HECM CBO report, politics & Congress

Shannon Hicks
by Shannon Hicks0682
 The political consideration of the CBO’s HECM report The unexpected news of the Congressional Budget Office’s report on reforming the HECM program created quite a splash among industry watchers. As the initial shock of the government watchdog’s recommendations sinks in, some are reading between the lines. One of the
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BREAKING: The CBO proposes 4 major HECM changes

Shannon Hicks
by Shannon Hicks4 1114
 Despite improved HECM outlook, the CBO recommends four major changes to the reverse mortgage program In August 2016 AARP recommended the elimination of the HECM ‘line of credit’ While FHA recent reports show a positive financial outlook for the fiscal year 2020, the CBO issued a report today proposing
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