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A HECM or a Jumbo?

A HECM or a Jumbo?

Shannon Hicks August 21, 2017 0

Equity consumption, home appreciation, and heirs Million dollar homes are more commonplace than many would expect and with more affluent borrowers considering a reverse mortgage, the question arises: does a reverse mortgage make sense?

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Two Senators concerned about Non-Borrowing Spouse Risks

Two Senators concerned about Non-Borrowing Spouse Risks

Shannon Hicks August 14, 2017 3

Bipartisan letter from senators cites concerns of new language endangering NBS protections Despite the increasingly toxic and adversarial political climate in Washington, D.C., two United States Senators have joined together to push the Department

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Are You Telling the Truth?

Are You Telling the Truth?

Shannon Hicks August 11, 2017 0

The importance of telling ourselves the truth Owning our decisions Dealing with our weaknesses Leveraging our strengths Walking the talk

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A Rising Tide Lifts All Boats

A Rising Tide Lifts All Boats

Shannon Hicks August 7, 2017 1

An improving economy and housing market have the HECM poised for growth   If you have been originating reverse mortgages for over ten years, congratulations. You survived the Great Recession and housing crash of

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July Top 100 HECM Lenders Report

July Top 100 HECM Lenders Report

Shannon Hicks August 1, 2017 3

Download your July 2017 Top 100 Retail HECM Lenders Report Here. This Report Does Not Include Broker or TPO Data This report was compiled from data courtesy of Reverse Market Insight

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Do We Have It All Wrong?

Do We Have It All Wrong?

Shannon Hicks July 31, 2017 5

There’s a Silver Lining in HECM Endorsements That is Overlooked The chorus of dismay from reverse mortgage professionals lamenting declining reverse mortgage loan numbers began after the Great Recession and continues through today. Consequently,

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Don’t Argue: Ask Questions

Don’t Argue: Ask Questions

Shannon Hicks July 28, 2017 5

Asking questions, not arguing, is how to win over opponents This week I learned an important lesson while trying a new approach&#

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Carson talks reforms, Scammer sentenced, SEC warns of de-listing

Carson talks reforms, Scammer sentenced, SEC warns of de-listing

Shannon Hicks July 24, 2017 1

Scammer sentenced, Carson talks reverse mortgages, Walter faces possible de-listing from NYSE In this week’s edition: HUD Secretary Ben Carson supports reverse mortgage program while speaking for the need for reform.  The New York

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