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Is 62 too young for a reverse mortgage?

Is 62 too young for a reverse mortgage?

Shannon Hicks April 23, 2012 5

People's behavior makes sense if you think about it in terms of their goals, needs, and motives. That's the case when it comes to the trend toward younger reverse mortgage borrowers. But senior advocates

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The Last Safe Haven?

The Last Safe Haven?

Shannon Hicks April 9, 2012 6

Is a reverse mortgage in fact the last safe haven for future retirees? If so why are we not seeing record production? A look at the current state of soon to be retirees, home

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Bridge over troubled waters – Retirement Funding

Bridge over troubled waters – Retirement Funding

Shannon Hicks March 26, 2012 0

Don't burn bridges. The HECM is a bridge over the troubled waters of retirement. What must we do to insure it remains a reachable option for future retirees

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Is retirement planning broken?

Is retirement planning broken?

Shannon Hicks March 19, 2012 3

A recent article in the Wall Street Journal cites concern over the 4% Rule. Traditional withdrawal strategies may no longer work for most in today's market. Reverse Mortgages are mentioned as part of the

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Cash Burn or Last Resort? – Younger Reverse Mortgage Clients

Cash Burn or Last Resort? – Younger Reverse Mortgage Clients

Shannon Hicks March 9, 2012 3

AARP still calls it a 'loan of last resort'. Will cash-burn by younger borrowers increase future defaults and foreclosures

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Financial Underwrite A Go: Industry Leader Update

Financial Underwrite A Go: Industry Leader Update

Shannon Hicks October 7, 2011 7

HUD has made it official, reverse mortgage lenders have the authority to help prevent tax and insurance defaults when it comes to financial underwriting and potential reverse mortgage borrowers assessments

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$30 Billion savings for Medicaid if RM used. Industry Leader Update

$30 Billion savings for Medicaid if RM used. Industry Leader Update

Shannon Hicks September 26, 2011 4

$30 Billion Savings Per Year if Medicaid Eligibility Rules Changed One expert points out that home equity should be required to be utilized before certain individuals can qualify for Medicaid. Learn how the system

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