HECM Saver

The Call for a Low-Cost HECM

Shannon HicksSeptember 12, 2016September 8, 2016

by Shannon HicksSeptember 12, 2016September 8, 20163 744

A Call for the Return of the HECM Saver? In October 2010, the HECM Saver was introduced giving borrowers considerably lower upfront FHA insurance premiums in exchange for lower lending ratios or principal limits. Three short years later the Saver was eliminated from the Home Equity Conversion Mortgage Program. Ironically,

What Lies Ahead?

Shannon HicksJanuary 13, 2014January 20, 2014

by Shannon HicksJanuary 13, 2014January 20, 20142 537

[vimeo id=”83988569″ width=”625″ height=”352″] What Can We Expect in 2014? With the changes and permutations the HECM program has undergone since 2010 one could argue we have already undergone a makeover of sorts. The Saver program, HECM for Purchase and the introduction and revocation of the standard fixed rate. True.

The new landscape of reverse lending

Shannon HicksMay 14, 2012September 10, 2013

by Shannon HicksMay 14, 2012September 10, 20131416

Much like an earthquake can change the overall landscape creating new shorelines, ridges and hills the exit of Metlife will most certainly change the mix of reverse mortgage products. The products most likely to see a reduction are...

Extreme Measures: Industry Leader Update

Shannon HicksJanuary 29, 2011September 10, 2013

by Shannon HicksJanuary 29, 2011September 10, 20135 612

[vimeo id=”19338979″ width=”601″ height=”338″] Reverse Mortgage Lenders And The HECM Saver In this week’s

Our Viewers Speak Out…

Shannon HicksJanuary 23, 2011September 10, 2013

by Shannon HicksJanuary 23, 2011September 10, 20132 541

Industry Leader Update Jan 24, 2011

Look again: RMs in a better light. Industry Leader Update

Shannon HicksDecember 19, 2010September 10, 2013

by Shannon HicksDecember 19, 2010September 10, 20130401

[vimeo id=”17994993″ width=”601″ height=”338″] Reverse Mortgages In A Better Light Normally reverse mortgage borrowers wouldn’t consider a reverse mortgage if they expected to stay in their home for a short time due to fear of the up front costs, but the HECM Saver is changing that story. Watch the video

Ten reasons to smile this last year

Shannon HicksNovember 30, 2010August 13, 2012

by Shannon HicksNovember 30, 2010August 13, 20121546

“What?” you may be saying. Really? This last year has been one of the most challenging in recorded history for our industry. True enough. But yet there are ten reasons we can smile in 2010.

Why the HECM Saver is crucial to our survival

Shannon HicksNovember 12, 2010September 10, 2013

by Shannon HicksNovember 12, 2010September 10, 20130302

NRMLA Annual Meeting in New Orleans At the NRMLA Annual Meeting in New Orleans it was eye-opening to say the least just how important the HECM Saver is to the entire reverse mortgage industry. Watch the video below… [vimeo id=”16780307″ width=”601″ height=”338″]

Lower interest rates have erased most of 2017…

HECMs vs. Equity-Sharing

The HECM’s outlook to be shaped by 3…

Mitigating Bad Press & Borrower Misfortune

HECM Saver

The Call for a Low-Cost HECM

What Lies Ahead?

The new landscape of reverse lending

Extreme Measures: Industry Leader Update

Our Viewers Speak Out…

Look again: RMs in a better light. Industry Leader Update

Ten reasons to smile this last year

Why the HECM Saver is crucial to our survival

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