Industry Leader Update »

Will HECM Changes “Stop the Bleeding”?

Will HECM Changes “Stop the Bleeding”?

Shannon Hicks October 20, 2017 3

The Home Equity Conversion Mortgage has come under increased scrutiny with HUD’s annual reports to Congress and the ensuing actuarial reports showing wild and unpredictable swings i

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HECM Changes: 5 Things to Expect

HECM Changes: 5 Things to Expect

Shannon Hicks October 6, 2017 4

While the mortgagee letter was brief the potential impacts are considerable. Here are some impacts to anticipate and plan for in the wake of the most recent overhaul of the federally-insured reverse mortgage

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HECM Changes & The Ensuing Crash

HECM Changes & The Ensuing Crash

Shannon Hicks October 2, 2017 9

HECM Changes & the Ensuing Crash in Volume Since it’s introduction in the late 1980’s the Home Equity Conversion mortgage was a collateral-based product. In recent years the reverse mortgage or HECM has shifted

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Do HECM Reforms Fix Past Losses?

Do HECM Reforms Fix Past Losses?

Shannon Hicks September 25, 2017 1

Can recent HECM reforms ever repay the losses of the past? An honest examination of the reverse mortgage would recognize that many loans originated prior to 2013, could easily become a future liability. Case

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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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