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The Truth About Recent HECM Changes

The Truth About Recent HECM Changes

Shannon Hicks November 3, 2017 3

What nuggets of truth can we glean from the most recent HECM reforms

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7 Types of Conference Attendees

7 Types of Conference Attendees

Shannon Hicks November 2, 2017 2

Watch and see if you recognize anyone you’ve seen at a recent business conference or convention

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HECM Changes & Impacts on Line of Credit Growth

HECM Changes & Impacts on Line of Credit Growth

Shannon Hicks October 27, 2017 2

HECM ‘line of credit’ growth still beneficial but more realistic Recent changes to the Home Equity Conversion Mortgage enacted on October 2nd have reduced the ongoing FHA insurance premium substantially and led to many

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Stories That Sell

Stories That Sell

Shannon Hicks October 26, 2017 0

Capture the imagine and close more sales with stories “People think that stories are shaped by people.  In fact it’s the other way around …” Terry Pratchett, novelist *There is no video transcript of this

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Will HECM Changes “Stop the Bleeding”?

Will HECM Changes “Stop the Bleeding”?

Shannon Hicks October 20, 2017 3

The Home Equity Conversion Mortgage has come under increased scrutiny with HUD’s annual reports to Congress and the ensuing actuarial reports showing wild and unpredictable swings i

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HECM Changes: 5 Things to Expect

HECM Changes: 5 Things to Expect

Shannon Hicks October 6, 2017 4

While the mortgagee letter was brief the potential impacts are considerable. Here are some impacts to anticipate and plan for in the wake of the most recent overhaul of the federally-insured reverse mortgage

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September Top 100 HECM Lenders Report

September Top 100 HECM Lenders Report

Shannon Hicks October 2, 2017 3

Download your September 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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HECM Changes & The Ensuing Crash

HECM Changes & The Ensuing Crash

Shannon Hicks October 2, 2017 9

HECM Changes & the Ensuing Crash in Volume Since it’s introduction in the late 1980’s the Home Equity Conversion mortgage was a collateral-based product. In recent years the reverse mortgage or HECM has shifted

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