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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
It is interesting that so many are behind the times. We were in a greatly shrinking pie back in fiscal 2010 through fiscal 2012. Since then we have been in peak to valley secular stagnation that so far has been SLIGHTLY downward sloping.
There are a lot of lenders who are comfortable with taking market share from others in order to make up for the loss that they might otherwise incur. That is just part of the free market system.
The trouble is our shrinking market has been in an overall decline since fiscal 2009, eight full fiscal years ago. So think of this, if the company doing the vlog was the only company in the industry would they be satisfied with heading into a valley this fiscal year? Let us hope not.