Now More Than Ever Before

by Shannon HicksMarch 30, 2020April 1, 2020

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4 reasons why now is the time to get a reverse mortgage more than ever before

[Download a copy of the transcript]
More older homeowners who were planning to retire or already quit working are looking at all available assets today including their home equity in the hopes their portfolios will recover as world markets slowly normalize. However, homeowners aren’t the only ones considering reverse mortgages…

Shannon Hicks

Shannon Hicks - Shannon is the President of Reverse Focus, Inc. He draws from his experience as a reverse mortgage originator and prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he began podcasting and in 2010 with weekly video updates. He has spoken nationally at industry events and is host of the nation’s only weekly podcast for reverse mortgage professionals “Reverse Focus Weekly”. For more information, call 1.800-805-9328 x 3-3 or visit www.ReverseFocus.com .

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2 comments

Thomas J Jackson April 2, 2020 at 9:41 am

Shannon, do an article on why compensation has gone fro 8 to 9% to now below 2% when the libor is at all time lows??? Who’s making all the money?

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Shannon Hicks April 2, 2020 at 3:53 pm

Instability in the secondary markets has eroded pricing. We’re expected to see some stabilization in the coming week which should help profitability.

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