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industry future

The Trump Administration & Reverse Mortgages

Shannon Hicks
by Shannon Hicks11298
How will the Trump administration approach reverse mortgages? Does one of the first decisions made by the Trump administration foreshadow the future of the reverse mortgage program? The administration’s decision to rescind a recent FHA mortgage insurance premium reduction was swift- within one hour after President Donald Trump took the
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HECM Terminology is Confusing at Best

Shannon Hicks
by Shannon Hicks7 1345
Our Name & Terminology May Be Turning Away Potential Borrowers “Words have meaning and names have power”, said Spanish author Miguel de Cervantes. Perhaps this is something the reverse mortgage industry should strongly consider. The 27-year-old Home Equity Conversion Mortgage program is struggling to expand its reach in an ever-growing
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Interest Rate Cliffhanger

Shannon Hicks
by Shannon Hicks01066
[vimeo id=”139756544″ width=”625″ height=”352″] The Potential Impacts When the Fed Raises Interest Rates It’s been a cliffhanger of sorts. The U.S. economy appears to be recovering yet their are fundamental issues that are not resolved. In the wake of the financial crisis of 2009 interest rates have been held at
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