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Digging Up Seeds

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Preventing doubt from robbing our harvest

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Succeeding In Reverse Mortgage Business

Digging up seeds. Instant gratification. It is what our society worships and seems to be built on. We can instantly download movies, purchase anything online and become grouchy if we wait more than a minute in a fast food drive through. Is the the “American Way”? Perhaps. Regardless this mindset is detrimental to succeeding in business. A farmer had purchased premium seeds for his fall crop. For a week he tilled the soil, watered and fertilized anticipating the harvest. Unfortunately he heard that bad weather was coming. Rather than prepare for the storm he became inpatient and dug up the seeds and…

 

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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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1 Comment

  1. Isn’t true that everything about our industry is slow? Anyone who has been in the business for more than three years and has had one-half of their leads turn into closings (unless they were just “closers”) is a miracle worker. Right now about half of all those who receive counseling close on HECMs.

    From processing, to underwriting, to closing, to endorsement, our industry runs at a slower pace.


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