Industry Leader Update »

Assessing the Impact

Assessing the Impact

Shannon Hicks January 26, 2015 7

The two biggest words in our industry today...Financial Assessment. The question is what fallout can we anticipate once the assessment goes into effect in March? A recent article in Reverse Mortgage Daily looks at

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A New Type of Non-Borrowing Spouse

A New Type of Non-Borrowing Spouse

Shannon Hicks January 19, 2015 11

We had mentioned in an earlier episode that we expected to see HUD bring futher clarification to the new Non Borrowing Spouse policy. Last week however we have a new twist. The Ineligible Non-Borrowing

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What Does 2015 Hold for Us?

What Does 2015 Hold for Us?

Shannon Hicks January 12, 2015 1

“My best predictions are always for the past” one said and I couldn’t agree more. I am hesitant when it comes to predictions but here are a few we will venture to make for

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Fox Business on Reverse: Neither Fair or Balanced

Fox Business on Reverse: Neither Fair or Balanced

Shannon Hicks January 5, 2015 19

Last week Fox Business posted an article entitled “10 Reasons Not to Take Out a Reverse Mortgage" . Everyone loves a top ten list and one would think such a list from a well

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The Year in Review: Top Stories from 2014

The Year in Review: Top Stories from 2014

Shannon Hicks December 29, 2014 1

During the past year the reverse mortgage industry has experienced drastic change. Our top stories for 2014 highlight the addition of new HECM Products, the Extreme Summit, the revised Principal Limit Factor tables and

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Expert Says Take a Reverse Mortgage Now

Expert Says Take a Reverse Mortgage Now

Shannon Hicks December 22, 2014 3

One well recognized mortgage expert, The Mortgage Professor: Jack Guttentag. He advocates taking a reverse mortgage now rather than waiting...

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When to Pull the Trigger

When to Pull the Trigger

Shannon Hicks December 15, 2014 2

Sometimes it is not a question of if but when a borrower should take a reverse mortgage. As reverse mortgage loan originators we must be careful of straying into giving financial planning advice, however

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Where Reverse Mortgages Fit in Modern Retirement Planning

Where Reverse Mortgages Fit in Modern Retirement Planning

Shannon Hicks December 8, 2014 4

“The idea that people can retire at 62 and walk around holding hands on the beach is not realistic”

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