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HECMs vs. The Establishment

HECMs vs. The Establishment

Shannon Hicks May 2, 2016 3

The Financial Planning “Establishment” Still Reluctant About HECMs To use a political analogy, reverse mortgages are the anti-establishment candidate. Long viewed as a loan of last resort, criticized for high costs and maligned by

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Now or Later? That is the Question

Now or Later? That is the Question

Shannon Hicks April 25, 2016 2

The Cost of Waiting & Hedging Against Falling Home Values Perhaps it is laughable to some to even consider hedging against falling home values. After all homes across the nation have appreciated nearly to

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Baby Boomer Equity Should Be Considered

Baby Boomer Equity Should Be Considered

Shannon Hicks April 18, 2016 5

Baby Boomer’s Wealth is in Their Home The new expanded definition of a fiduciary for financial advisers could expand the required discussion of assets to be considered in a comprehensive retirement strategy. Good news

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New Fiduciary Rule Could Open Doors

New Fiduciary Rule Could Open Doors

Shannon Hicks April 11, 2016 8

New Definition of Fiduciary Could Require Discussion of Home Equity It is a game-changer for financial professionals and possibly for reverse mortgage professionals alike. An expected change of the fiduciary rule by the Department

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Korea’s Reverse Mortgage Program Raises Questions

Korea’s Reverse Mortgage Program Raises Questions

Shannon Hicks April 4, 2016 3

South Korea Now Actively Promoting Reverse Mortgages The Korean Financial Services Commission announced last month that they will introduce a new set of policies in the effort to spur reverse mortgage adoption to help

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5 Ways HECMs Ease Retirement

5 Ways HECMs Ease Retirement

Shannon Hicks March 28, 2016 2

5 Straightforward Ways a HECM Can Ease Retirement Risk Jack Guttentag, better known as ‘The Mortgage Professor’ explores several ways that a Home Equity Conversion Mortgage can help ease retirement for today’s older homeowners.

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Tax Deductions & Reverse Mortgages

Tax Deductions & Reverse Mortgages

Shannon Hicks March 21, 2016 8

HECM Mortgage Interest Deductions Complexities It’s a discussion you rarely overhear among reverse mortgage professionals, the tax deduction of interest charged in a home equity conversion mortgage. Perhaps it’s because such scenarios are not

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Golden Handcuffs: Why Loan Structure Matters

Golden Handcuffs: Why Loan Structure Matters

Shannon Hicks March 14, 2016 0

The Overlooked Advantages of the Tenure Payout Option As the Home Equity Conversion Mortgage evolved rapidly in recent years it is fair to say our target demographic has substantially changed. The financial assessment was

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