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Does the first month of 2013 foreshadow rankings for this year? While the top 10 remains relatively unchanged from December the impact of the fixed rate suspension will not show until later this year.
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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.
1 Comment
I love good news.
January 2013 is a month of good news for the industry. Not only were endorsements up by also one-third over last but this is THE first month in the last nineteen when the current month totals exceed the totals for the same month in the prior year.
Could there be better news for 2013? For right now, it is almost good enough to say, finally we have a month when we are not seeing more decline. As a realist, one month of activity is not a trend, yet as one on the optimistic side of that position, it is fantastic to see the end of eighteen months of decline.