foreclosure

Bill would preserve home equity in foreclosures

Shannon HicksMay 16, 2022May 17, 2022

by Shannon HicksMay 16, 2022May 17, 20223 325

California Senate Bill 1323 would require lenders in foreclosure proceedings to hire a realtor and sell the secured property for its appraised value on a multiple listing service has passed the California Senate Judiciary Committee...

Foreclosure starts surge 700%

Shannon HicksMarch 28, 2022March 25, 2022

by Shannon HicksMarch 28, 2022March 25, 20225 1299

Foreclosure starts are up 702% from December to January with 32,900 loans. What does this mean for the housing market and reverse mortgage lenders?

Nearly 700K seniors were behind on mortgage last year

Shannon HicksJanuary 24, 2022January 21, 2022

by Shannon HicksJanuary 24, 2022January 21, 20220508

The Maryland Daily Record interviewed industry leader Steven Sless who reported that nearly 700,000 seniors were behind on their mortgage payments last year.

The HECM as a Therapeutic for Foreclosure

Shannon HicksAugust 27, 2021August 26, 2021

by Shannon HicksAugust 27, 2021August 26, 20210519

With the CFPB reporting that nearly 1 million homeowners 65 and older at risk of foreclosure, isn't now the time to administer proactive therapeutics to prevent foreclosure?

HECM Refis are not growing our market

Shannon HicksAugust 2, 2021August 6, 2021

by Shannon HicksAugust 2, 2021August 6, 20211572

Unable to use the embedded player? Listen here. EPISODE #681 HECM Refis are not growing our market RMI’s John Lunde told RMD while HECM endorsements are strong our industry’s production is not quite as robust as one may believe when considering HECM-to-HECM refinances. Other Stories: Will there be a wave

As moratoriums end seniors stand to lose the most

Shannon HicksAugust 2, 2021July 30, 2021

by Shannon HicksAugust 2, 2021July 30, 20214 713

Without audience targeting are Google Ads Dead? Think again… Early this month Google announced new restrictions for targeting specific audiences. The restrictions apply to content related to housing, employment, credit, and those who are disproportionately affected by societal biases. The news of these restrictions created quite a stir among

Foreclosure Moratoriums Ending

Shannon HicksJuly 5, 2021July 5, 2021

by Shannon HicksJuly 5, 2021July 5, 20210635

Millions face foreclosure When it comes to pending foreclosures for mortgages in forbearance younger Americans are not alone. Many older homeowners are facing the specter of losing their homes. Foreclosure moratoriums are ending A Harvard University housing report warns that over 2 million American homeowners who have delinquent mortgages are

Older Americans love Facebook

Shannon HicksApril 26, 2021April 23, 2021

by Shannon HicksApril 26, 2021April 23, 20210553

Unable to use the embedded player? Listen here. EPISODE #667 Google searches for ‘housing crash’ are red-hot! Findings from a new Pew Research Center survey on America’s social media use make 2 things clear: Older folks have a thing for Mark Zuckerberg and… Other Stories: Two California bills could spell double-trouble

Turning inflation on its head with a reverse…

How Retirement became much more expensive

Why HELOCs will disappear

Like inflation, the retirement crisis is not transitory

foreclosure

Bill would preserve home equity in foreclosures

Foreclosure starts surge 700%

Nearly 700K seniors were behind on mortgage last year

The HECM as a Therapeutic for Foreclosure

HECM Refis are not growing our market

As moratoriums end seniors stand to lose the most

Foreclosure Moratoriums Ending

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