Lenders

Down Under: When lenders disappear

Shannon HicksJanuary 14, 2019January 11, 2019

by Shannon HicksJanuary 14, 2019January 11, 20190695

Australia: largest reverse mortgage lenders exit What happens when reverse mortgage lenders suddenly disappear? Australia is instructive on what happens when lenders offering a needed loan to help seniors age in place suddenly disappear. Despite the strong criticism and negative media stories covering the loan, it would seem the

Diversification: HECM Lenders Expand Their Offerings

Shannon HicksNovember 26, 2017November 27, 2017

by Shannon HicksNovember 26, 2017November 27, 20175 283

With the HECM becoming increasingly unpredictable, many reverse-only lenders are expanding to offer traditional mortgages...

Is this Our Next Growth Market?

Shannon HicksFebruary 17, 2014February 27, 2014

by Shannon HicksFebruary 17, 2014February 27, 20146 206

[vimeo id=”86567434″ width=”625″ height=”352″] Our next opportunity for growth may be right under our noses It’s no surprise that in the wake of the housing crash, increased regulation, lower lending ratios and the HECM product redesign that many are seeking ways to expand their market and increase their loan production.

What Are You Thankful For?

Shannon HicksNovember 29, 2013December 12, 2013

by Shannon HicksNovember 29, 2013December 12, 20130234

Gratitude Opens Doors [vimeo id=”80517936″ width=”625″ height=”352″] What We Can Be Grateful For In The Reverse Mortgage Industry Now that we’ve eaten our last bites of Thanksgiving turkey and pumpkin pie it’s a good time to reflect on gratitude. The essence of yesterday’s holiday. But first I want to personally

Celebrity Seniors

Amara RoseJuly 10, 2012July 10, 2012

by Amara RoseJuly 10, 2012July 10, 20120433

TV or not TV? That is the question. While these names might summon more than a little nostalgia, it's also true that today's senior — increasingly, an aging Baby Boomer — is a far cry from those of yesteryear...

Shaping our future: Financial Assessment

Shannon HicksFebruary 6, 2012September 10, 2013

by Shannon HicksFebruary 6, 2012September 10, 20136 284

Some claim it has created confusion in the marketplace. Others fear it will exclude up to 30% of borrowers. As the debate continues, the Financial Assessment is the biggest game-changer our industry faces, and our future borrowers

Here & Gone: Top lender MetLife drops financial assessment

Shannon HicksJanuary 30, 2012September 10, 2013

by Shannon HicksJanuary 30, 2012September 10, 20133 259

It was groundbreaking when MetLife began using the Financial Assessment but now they have stopped using it altogether. Learn more in this week's video.

Closing out 2011

Shannon HicksJanuary 3, 2012September 10, 2013

by Shannon HicksJanuary 3, 2012September 10, 20134 215

December 2011 Top 100 HECM Lenders Report December’s report gives us a peek at what to expect in 2012… fewer overall endorsements industry-wide but more loans per lender. Many lenders should see continued substantial growth this year. Download the December 2011 Top 100 HECM Lenders Report here. Watch 7 Trends

Truth in Numbers

Old Habits Won’t Open New Doors

Examining the HECM’s Viablity

Trump to HUD: Examine Viability of HECM Program

Lenders

Down Under: When lenders disappear

Diversification: HECM Lenders Expand Their Offerings

Is this Our Next Growth Market?

What Are You Thankful For?

Celebrity Seniors

Shaping our future: Financial Assessment

Here & Gone: Top lender MetLife drops financial assessment

Closing out 2011

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