Industry growth

Do we have it all wrong?

Shannon HicksJune 8, 2020June 8, 2020

by Shannon HicksJune 8, 2020June 8, 20201740

It’s time to get past ‘eliminate mortgage payments’ Tax-free- no required payments, increased monthly cash flow- eliminate mortgage payment. These are just a few of the most-touted benefits of reverse mortgages. Just google any of the phrases and your likely result will be a reverse mortgage. But are these

What’s stopping HECM loan growth?

Shannon HicksJanuary 11, 2020January 11, 2020

by Shannon HicksJanuary 11, 2020January 11, 20206 947

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 HicksMarch 4, 2019March 1, 2019

by Shannon HicksMarch 4, 2019March 1, 20195 1586

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

Viewers share their ideas to attract borrowers

Shannon HicksMay 10, 2018May 10, 2018

by Shannon HicksMay 10, 2018May 10, 20181689

How sharing what works for you benefits all Last week we asked you, our loyal viewers, to share what’s helped you attract potential HECM borrowers and grow your business. Well, several of you took the time to submit your ideas. Thank you, sincerely. Here are a few. Networking and calling

Finding Opportunity in a Down Market

Shannon HicksMay 6, 2018May 3, 2018

by Shannon HicksMay 6, 2018May 3, 20182 906

Yogi Berra said ‘the future ain’t what it used to be”. One of the biggest challenges any industry, city or individual can face is to embrace the reality that things will never be like they were before and look for new ways to succeed in the new normal of doing

Despite Challenges This Was the Best HECM Decade

Shannon HicksApril 22, 2018April 17, 2018

by Shannon HicksApril 22, 2018April 17, 20181661

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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Industry growth

Do we have it all wrong?

What’s stopping HECM loan growth?

Will this Save the Reverse Mortgage Industry?

Viewers share their ideas to attract borrowers

Finding Opportunity in a Down Market

Despite Challenges This Was the Best HECM Decade

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