Industry Leader Update »

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

Read More »
The Power of Celebrity

The Power of Celebrity

Shannon Hicks July 10, 2017 1

The New York Times Examines Reverse Mortgage Celebrity Spokespersons There may be a window of opportunity in the wake of President Trump’s call to overhaul regulations for financial institutions and housing agencies. The National

Read More »
Reforms Sought for Non-Borrowing Spouses

Reforms Sought for Non-Borrowing Spouses

Shannon Hicks July 3, 2017 1

NRMLA Submits Requests to Reform NBS Policies There may be a window of opportunity in the wake of President Trump’s call to overhaul regulations for financial institutions and housing agencies. The National Reverse Mortgage

Read More »
Economist Claims Annuities ‘Safer” than HECM

Economist Claims Annuities ‘Safer” than HECM

Shannon Hicks June 26, 2017 4

Syndicated Columnist Recommends Cross-Selling Strategy…with a Twist   Just as the reverse mortgage suffered much negative media coverage and hand-wringing from financial pundits, so have annuities. If an annuity sounds familiar to reverse mortgage

Read More »
Using a HECM Instead of Long-Term Care Insurance

Using a HECM Instead of Long-Term Care Insurance

Shannon Hicks June 19, 2017 1

One Financial Planner Suggests Two LTC Insurance Alternatives If you were to eavesdrop on a typical meeting with someone in their 50’s with their financial advisor, chances are you would here the sensible advice

Read More »
Retirees Conflicted on Home Equity

Retirees Conflicted on Home Equity

Shannon Hicks June 12, 2017 1

Despite challenges many reluctant to tap equity in retirement   Older American homeowners find themselves beset by a variety of retirement landmines- exploding medical costs, uncertain markets and income security. Despite these challenges, retirees

Read More »
Misspent Money, Scams, Personal Stories & More

Misspent Money, Scams, Personal Stories & More

Shannon Hicks June 5, 2017 1

The roundup of weekly HECM news   What do strippers, casinos, and groceries have in common? It’s bad enough to be forced to foot the bill of your own company’s audit and financial monitoring.

Read More »
The Trump Era & The HECM

The Trump Era & The HECM

Shannon Hicks May 30, 2017 1

Good News for HECM, Not So Much for Housing Programs President Donald trump embodies the essence of a political wrecking ball in Washington D.C.- a city known to cling tightly to political traditions of

Read More »