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Not Surprised

Not Surprised

Shannon Hicks March 2, 2015 7

The media is inaccurate, misleading and selective in reporting the facts? What’s new. The Consumer Financial Protection Bureau’s recent release of it’s report on reverse mortgage complaints was seized upon by both the media

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It’s Never Been Easy

It’s Never Been Easy

Shannon Hicks February 27, 2015 7

Yes, prior to 2010 originating reverse mortgages was less convoluted, confusing and restrictive but it was also no bed of roses either. Just a few things to consider to give us perspective

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A Welcomed Delay

A Welcomed Delay

Shannon Hicks February 23, 2015 5

Delay Grants More Time to Prepare for Assessment Last week our industry received what many consider an early Valentines gift. Feel the love yet? HUD announced that they would be delaying implementation of the

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Shifting Sand

Shifting Sand

Shannon Hicks February 20, 2015 6

Indeed with the numerous delays and false launch of the financial assessment one could be left with a sense of uncertainty while trying to originate reverse mortgages. You’re not alone. Here are three tips

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Enhancing Communication / Part 1: Hear, Hear! Hearing Loss Can Be An Audible Problem

Enhancing Communication / Part 1: Hear, Hear! Hearing Loss Can Be An Audible Problem

Amara Rose February 17, 2015 3

The Center for Hearing and Communication reports that 30-40 percent of people over 65 have some type of hearing loss. But younger people (perhaps even reverse mortgage professionals themselves) aren't immune: 14 percent of

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Parsing Words

Parsing Words

Shannon Hicks February 16, 2015 22

As industry watchdog and consumer advocate Atare Agbamu puts it “Fourteen words”. At the heart of the non-borrowing spouse debate and subsequent lawsuits brought agains HUD are fourteen words found in the original regulations

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What the HECM Happened?

What the HECM Happened?

Shannon Hicks February 13, 2015 10

I’m sure I am not alone in thinking ‘what the heck happened to the reverse mortgage program’. It’s only natural to find yourself pondering this quandary if you’ve been originating federally-insured reverse mortgages four

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3 Weeks: Are You Prepared?

3 Weeks: Are You Prepared?

Shannon Hicks February 9, 2015 3

When it comes to how reverse mortgage loans are originated a line has been drawn in the sand: March 2nd, 2015. In two short weeks the long-awaited or dreaded Financial Assessment goes into effect

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