President Trump

Executive Orders: The Impact on Our Industry

Shannon Hicks
A Pause for HECM Changes? Executive orders. This practice of exercising executive authority has become increasingly frequent and controversial in recent presidential administrations. In 2013 HUD was granted the authority to in effect, issue ‘executive orders’ under FHA’s expanded powers. President Trump has promised to cut federal regulations dramatically. Will

The Trump Administration & Reverse Mortgages

Shannon Hicks
How will the Trump administration approach reverse mortgages? Does one of the first decisions made by the Trump administration foreshadow the future of the reverse mortgage program? The administration’s decision to rescind a recent FHA mortgage insurance premium reduction was swift- within one hour after President Donald Trump took the

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