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NMLS

A Kosher Reverse Mortgage

Shannon Hicks
by Shannon Hicks9 748
[vimeo id=”109973849″ width=”625″ height=”352″] The Mortgage Professor Launches New Approach to HECM origination In my recent discussions with Jack Guttentag or The Mortgage Professor he mentioned a new product he is developing; the kosher reverse mortgage. For those unfamiliar with the term kosher can mean a product or food is
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Worth fighting for: Friday’s Food for Thought

Shannon Hicks
by Shannon Hicks0608
[vimeo id=”28431641″ width=”601″ height=”338″] We may feel we are on the ropes, but there are some things worth fighting for as reverse mortgage professionals. Our rights as originators: Fairness in regulation (NMLS renewal) To be included in regulatory discussion To be treated as a professional not a predator by lawmakers
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Many jeopardized by poor credit for NMLS renewals: Industry Leader Update

Shannon Hicks
by Shannon Hicks16 1820
[vimeo id=”28175743″ width=”601″ height=”338″] NMLS license renewals may get dicey for reverse originators with challenged credit history If the last few years have taught us anything it’s that mortgage and financial professionals suffered financially with other Americans due to the housing and economic crash. This leaves many qualified reverse originators
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