Industry growth

What’s stopping HECM loan growth?

Shannon Hicks
 Are repeated HECM changes and stricter guidelines preventing substantial growth in HECM endorsements? Despite increasing housing wealth, a growing senior population,  and increasing financial need few older homeowners are taking a reverse mortgage. An examination of potential roadblocks and how to overcome them.

Will this Save the Reverse Mortgage Industry?

Shannon Hicks
 More looking outside the HECM as a single solution What will save the reverse mortgage industry or at least put us back on a trajectory of sustained growth? One industry leader sees a path for recovery- one that broadens our vision and approach. Finance of America Reverse’s President Kristen

Despite Challenges This Was the Best HECM Decade

Shannon Hicks
A long-term perspective of HECM endorsement volume Our collective experience as reverse mortgage professionals shapes our perspective. Much of that perspective in recent years was influenced by falling endorsement volumes.  The reverse mortgage industry posted a record 114,000 endorsements in 2009 just as the housing and economic crash began in

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