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More HECM Changes Coming…

Shannon HicksMay 23, 2016May 19, 2016

by Shannon HicksMay 23, 2016May 19, 20169 931

[vimeo id=”167351240″ width=”625″ height=”352″] More Changes for HECM on Horizon from HUD If you think the dust has finally settled in the wake of numerous HECM changes, think again. HUD announced their intention to codify recent program changes while also adding new consumer protections to the federally-insured Home Equity Conversion

Now Younger in Reverse…

Shannon HicksApril 29, 2014April 29, 2014

by Shannon HicksApril 29, 2014April 29, 20143 726

When is a HECM beneficial for couples with a spouse under 62? [ad#Take Charge America]Now that FHA will be accommodating younger spouses under the age of 62 this August, it behooves us to examine the impact on our market. Here are just a few scenarios where couples with a spouse