[vimeo id=”70368491″ width=”625″ height=”352″]
If you haven’t experienced a single pain of worry in the last year with all of the recent & upcoming changes to the reverse mortgage…congratulations! You are in the one half of one percent. For the rest of us here are 5 excellent ways to stop worrying…
Share:
Editor in Chief: HECMWorld.com
As a prominent commentator and Editor in Chief at HECMWorld.com, Shannon Hicks has played a pivotal role in reshaping the conversation around reverse mortgages. His unique perspectives and deep understanding of the industry have not only educated countless readers but has also contributed to introducing practical strategies utilizing housing wealth with a reverse mortgage.
Shannon’s journey into the world of reverse mortgages began in 2002 as an originator and his prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he launched the podcast HECMWorld Weekly. Later, in 2010 he began producing the weekly video series The Industry Leader Update and Friday’s Food for Thought.
Readers wishing to submit stories or interview requests can reach our team at: info@hecmworld.com.
3 Comments
Thank You Budda
Very timely for those of us in the HECM industry.
Remember well what Henry Ford, one of our nations first industrial pioneers said:
“Whether you think you can, or think you can’t, you’re right”—Henry Ford
Worry is a natural reaction to situations beyond our perceived ability to control them. We have mental and physical damaging reactions to excessive and prolonged worry, among them, depression.
Some gain energy and satisfaction by working on the problem; others are paralyzed with fear trying to do it.. Too many times when discussing things which trouble others go around and around the subject. For me it is far less worrisome to tackle the issue straight on than attempting to “putting it out of my mind..
For example, a common myth in our industry is the main problem creating the large projected losses are the large group of defaults. Yet the loss situation is much bigger than that alone. The losses are much more wide spread. Reading the actuarial and auditors’ reports and understanding their perspective on the issues provides perspective on the issues. What is amazing is the stories people make up to explain the problem when it is clear they do not understand the underlying issues.
Sometimes it can calm fear and relieve worry by staying up to date and see what is going on. It can also add frustration and more worry, however. Finding a way to deal with worry is a very necessary part of life. It is also an important habit to develop and maintain in what is too many turbulent times ahead.