foreclosure

Are Forbearances Creating a Housing Bubble?

Shannon HicksOctober 23, 2020October 23, 2020

by Shannon HicksOctober 23, 2020October 23, 20200539

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

Declaring Mortgage Independence-Exclusive Interview

Shannon HicksJuly 6, 2020July 5, 2020

by Shannon HicksJuly 6, 2020July 5, 202013356

Older homeowners have a myriad of mortgage choices. Is a 30-year mortgage really a smart move or should they declare mortgage independence? In part two of our exclusive interview with New York Financial advisor Robert Intelisano, we cover the risks of a 30-year mortgage refinance for older homeowners and

USA Today: Heirs left with heartache

Shannon HicksDecember 23, 2019February 19, 2020

by Shannon HicksDecember 23, 2019February 19, 20203 1293

Heirs attempting to payoff reverse mortgages face hurdles or accelerated foreclosures Losing a parent is truly a heart-wrenching experience. One that many of you our viewers, and myself have endured. Compounding the grief is the frustration in settling the financial affairs of your loved one. According to a recent

Mitigating Bad Press & Borrower Misfortune

Shannon HicksJuly 29, 2019August 2, 2019

by Shannon HicksJuly 29, 2019August 2, 20190928

Countless problems can been avoided If there’s one fault most salespeople share it is this- a lack of follow up with the borrower after the sale. While many may contact the homeowner after the loan funds, or call to explain the first monthly loan statement- few stay in regular contact

No Mortgage is Risk-Free

Shannon HicksJuly 22, 2019July 23, 2019

by Shannon HicksJuly 22, 2019July 23, 201911178

The media often overlooks the risks inherent in any mortgage: froward or reverse | download transcript | We see many national media headlines on how risky a reverse mortgage can be for older homeowners. Risky? This week we briefly touch on the most common risks that can be found

Lifesaver: When HECMs prevent a foreclosure

Shannon HicksJuly 16, 2019July 18, 2019

by Shannon HicksJuly 16, 2019July 18, 20195 1070

Preventing Foreclosure The following was originally published in November 2011. Despite much of the recent negative news coverage reverse mortgages have helped countless older homeowners avoid inevitable foreclosure and eviction. Personal success stories are a powerful vehicle to imprint the value of a product or service in potential clients’ minds.

Foreclosure Confusion & Media Fallout

Shannon HicksJuly 15, 2019July 10, 2019

by Shannon HicksJuly 15, 2019July 10, 201911088

HECM loan terminations and ‘foreclosures’ source of recent negative press coverage Let’s face it. Foreclosure is an ugly and scary word. Unfortunately, it’s the same word that is commonly used when a Home Equity Conversion Mortgage is terminated- often when the loan balance exceeds the home’s value. Additional resources:

Can a Foreclosure Occur with a Reverse Mortgage?

Dan HultquistJune 18, 2019June 18, 2019

by Dan HultquistJune 18, 2019June 18, 20194 2589

As a mortgage professional, I worked nights and weekends as a housing counselor during the financial crisis. Foreclosures are scary and heartbreaking, and I will admit to crying with clients when their only option was to pick up boxes behind the grocery store and find any friend with a truck.

Reverse optimism, diversification, and uncertainty

HECM Mistakes- Guttentag

Here’s why 2021 may be a banner year

2020 in Review

foreclosure

Are Forbearances Creating a Housing Bubble?

Declaring Mortgage Independence-Exclusive Interview

USA Today: Heirs left with heartache

Mitigating Bad Press & Borrower Misfortune

No Mortgage is Risk-Free

Lifesaver: When HECMs prevent a foreclosure

Foreclosure Confusion & Media Fallout

Can a Foreclosure Occur with a Reverse Mortgage?

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