Industry Leader Update »

NEW HECM Final Rules Begin Sept 19th

NEW HECM Final Rules Begin Sept 19th

Shannon Hicks September 18, 2017 3

HECM Final Rule Changes Begin Tommorw- Part 2: Interview with RMI’s John Lunde HUD’s HECM Final Rules go into effect tomorrow (9/19/2017) and include in part: For fixed rate HECMs, only a full-funded LESA

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Exclusive Interview with John Lunde of Reverse Market Insight

Exclusive Interview with John Lunde of Reverse Market Insight

Shannon Hicks September 11, 2017 1

Exclusive Interview with John Lunde, founder of Reverse Market Insight John Lunde is the president and founder of Reverse Market Insight (RMI). They closely track the reverse mortgage (HECM) industry data points and trends.

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HUD Reins in HECM Program: Industry Reacts

HUD Reins in HECM Program: Industry Reacts

Shannon Hicks September 4, 2017 4

Exclusive Interview with Shelley Giordano from Funding Longevity This week we discuss: How HECM lenders will compete under the new rules Potential changes to the how the HECM is viewed by seniors and HECM

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Market Disruption Brings Opportunity

Market Disruption Brings Opportunity

Shannon Hicks September 1, 2017 0

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Retirement planning requires a solution-based approach

Retirement planning requires a solution-based approach

Shannon Hicks August 28, 2017 1

“It’s ironic that the biggest source of wealth is locked up in bricks & mortar…” While more financial professionals are embracing the HECM, ironically our cousins across the pond seem to better grasp the

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A HECM or a Jumbo?

A HECM or a Jumbo?

Shannon Hicks August 21, 2017 0

Equity consumption, home appreciation, and heirs Million dollar homes are more commonplace than many would expect and with more affluent borrowers considering a reverse mortgage, the question arises: does a reverse mortgage make sense?

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Two Senators concerned about Non-Borrowing Spouse Risks

Two Senators concerned about Non-Borrowing Spouse Risks

Shannon Hicks August 14, 2017 3

Bipartisan letter from senators cites concerns of new language endangering NBS protections Despite the increasingly toxic and adversarial political climate in Washington, D.C., two United States Senators have joined together to push the Department

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A Rising Tide Lifts All Boats

A Rising Tide Lifts All Boats

Shannon Hicks August 7, 2017 1

An improving economy and housing market have the HECM poised for growth   If you have been originating reverse mortgages for over ten years, congratulations. You survived the Great Recession and housing crash of

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