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Don’t Get Suckered: Consumer Reports

Shannon Hicks
[vimeo id=”134440404″ width=”625″ height=”352″] Consumer Reports Article Cautions Readers The magazine and self-described consumer educator and advocacy group Consumer Reports recently published an article entitled “Don’t Be Suckered Into Buying a Reverse Mortgage”. In it’s paternalistic zeal Consumer Reports does dispense some practical advice but unfortunately makes use of pejorative

What Lies Ahead?

Shannon Hicks
[vimeo id=”83988569″ width=”625″ height=”352″]  What Can We Expect in 2014? With the changes and permutations the HECM program has undergone since 2010 one could argue we have already undergone a makeover of sorts. The Saver program, HECM for Purchase and the introduction and revocation of the standard fixed rate. True.

Reverse Mortgage A Rite of Passage for Retirement?

Shannon Hicks
Will Reverse Mortgages become the norm? According to one retirement expert getting a reverse mortgage may become common amongst future retirees. The shift to younger borrowers may be a result of more Americans reaching retirement only to wake up to the reality that their home is an essential and useful

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