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How to Overcome Adversity

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Reverse Mortgage Industry News

Overcoming Adversity In The Reverse Mortgage Industry

In the last few years we have faced the hardships in the reverse mortgage industry like falling home values, reduced principal limits and the elimination of the standard fixed rate product. That leaves us with two choices. Change your situation or adapt to present circumstances. If you’ve chosen the later what’s the process to both endure and overcome? Well there is no one system that works for everyone but there are some ways we can make the journey less bumpy. #1- Perception.

 

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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.

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2 Comments

  1. i always look forward to your comments on Fridays. i appreciate your positive attitude, and clear concise suggestions on how to improve and deal with issues. Thanks for your help.

    Bill Mathews
    Benton Ar

    • Thank you Bill. We are all in this together and our shared perspective shapes our destiny. Have a great weekend!


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