HECM counseling

HECM Counseling Demystified

Shannon HicksNovember 20, 2023November 18, 2023

by Shannon HicksNovember 20, 2023November 18, 20233 508

What happens during a HECM counseling session? Are reverse mortgage professionals properly preparing homeowners for their counseling sessions? We interviewed Greg Smalls with Consumer Education Services, Incorporated to answer these questions and more.

Why moving can earn you an extra $100,000+

Shannon HicksMarch 13, 2023March 13, 2023

by Shannon HicksMarch 13, 2023March 13, 20230621

Moving in retirement can unlock a tidy sum of money to help fund your non-working years says a recent CNBC article.

HECM Counseling committee addresses property defaults

Shannon HicksSeptember 5, 2022September 1, 2022

by Shannon HicksSeptember 5, 2022September 1, 20224 837

HUD's Housing Counseling Federal Advisory Committee met and looked at lingering issues in HECM loans- including some borrowers who unexpectedly ended up in foreclosure.

RMs can bring a whole new approach to estate planning

Shannon HicksDecember 20, 2021December 16, 2021

by Shannon HicksDecember 20, 2021December 16, 202101097

Unable to use the embedded player? Listen here. EPISODE #701 Canada’s Home Equity Bank exec says reverse mortgages can bring a whole new approach to estate planning “I think that there’s an opportunity for reverse mortgages to put the whole landscape of estate planning on its ear”, said Andrew Cairns, National

3 Trends Housing Counselors are Seeing

Shannon HicksFebruary 22, 2021February 23, 2021

by Shannon HicksFebruary 22, 2021February 23, 20213 1569

Unable to use the embedded player? Listen here. EPISODE #658 Exclusive Interview with Melinda Opperman What trends are counselors seeing this year? To answer that question we spoke with Credit.org’s Melinda Opperman. Other Stories: Biden administration moves mortgage forbearance deadline…again

Podcast E642: A Biden Presidency? Here’s what we may expect

Shannon HicksNovember 2, 2020October 30, 2020

by Shannon HicksNovember 2, 2020October 30, 202011194

Unable to use the embedded player? Listen here. A Biden Presidency? Here’s what we may expect The Hill reports than long-time reverse mortgage critic, U.S. senator, and former co-sponsor of the legislation that created the CFPB is making her interest known in serving as Treasury Secretary in Biden administration should

Counseling Survey Reveals Borrower Motivations

Shannon HicksNovember 30, 2015November 25, 2015

by Shannon HicksNovember 30, 2015November 25, 20155 1304

[vimeo id=”146967685″ width=”625″ height=”352″] Pre-Assessment Survey Sheds Some Light on Borrower Perspectives While the survey didn’t account for recent borrowers challenged with the Financial Assessment, the research does pull back the curtain on the motivations behind older homeowners who seek out a reverse mortgage. At the NRMLA annual meeting in

Be Careful What You Promise

Shannon HicksOctober 24, 2014November 13, 2014

by Shannon HicksOctober 24, 2014November 13, 201401086

With fewer qualified leads comes the temptation to over promise just how long it takes to close their reverse mortgage. After all who wouldn’t want to promise a quick turn around when the prospect is shopping with several other lenders?

Two reasons for the Fed cut rates in…

HECM Counseling Demystified

FHA’s proposed HECM policy changes: What you need…

3 HECM Opportunities in an uncertain market

HECM counseling

HECM Counseling Demystified

Why moving can earn you an extra $100,000+

HECM Counseling committee addresses property defaults

RMs can bring a whole new approach to estate planning

3 Trends Housing Counselors are Seeing

Podcast E642: A Biden Presidency? Here’s what we may expect

Counseling Survey Reveals Borrower Motivations

Be Careful What You Promise

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