Congress

The HECM CBO report, politics & Congress

Shannon Hicks
 The political consideration of the CBO’s HECM report The unexpected news of the Congressional Budget Office’s report on reforming the HECM program created quite a splash among industry watchers. As the initial shock of the government watchdog’s recommendations sinks in, some are reading between the lines. One of the

Scalpel or an Axe? HECM Reforms.

Shannon Hicks
[ad#Network Funding] Without Congressional Authority FHA is Faced with Hard Choices [vimeo id=”71124155″ width=”625″ height=”352″] HUD would prefer to take the surgeon’s approach making fine tuned adjustments to the federally-insured reverse mortgage or HECM program. Presently it is left with the axe of harsh change unless Congress acts to give

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