Industry Leader Update »

Shadow inventory: what it means for you and your borrowers

Shadow inventory: what it means for you and your borrowers

Shannon Hicks July 10, 2011 3

Extended pain? It’s much like tearing a band-aid off a wound. Do it slowly and it hurts much longer. Do it quickly and it hurts bad but the event is over quickly.  It appears

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Race for market share

Race for market share

Shannon Hicks June 27, 2011 1

It’s nothing to gloat about. Quite frankly it came as a shock when Wells Fargo promptly exited stage right from the reverse mortgage business, especially for their employees. Two major banks departing is not

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Wells: Historic player exits reverse mortgages

Wells: Historic player exits reverse mortgages

Shannon Hicks June 19, 2011 0

Opportunity or omen? Wells Fargo exit from reverse mortgage sends shockwaves across the industry. Just what does it mean and what was Wells historic role in establishing reverse mortgages

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Stretching words? AARP Lawsuit

Stretching words? AARP Lawsuit

Shannon Hicks June 11, 2011 1

How far will the AARP lawsuit stretch the definition of homeowner? Watch the video for Reverse Mortgage News and Commentary regarding the AARP lawsuit

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Will lending limits be reduced?

Will lending limits be reduced?

Shannon Hicks June 3, 2011 10

This week we focus on the real possibility of FHA reducing HECM lending limits for next year, the dangers of a reverse mortgage preventing Medicaid eligibility and our industry's recent sales figures

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GFE & TIL to be combined into one disclosure

GFE & TIL to be combined into one disclosure

Shannon Hicks May 20, 2011 2

Seniors Staying In Their Homes More seniors are staying in their homes due to the economy. Also, the Consumer Protection Bereau releases a combination of GFE and Truth and Lightning Disclosures. See the new

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Let lenders pay for HUD counseling?

Let lenders pay for HUD counseling?

Shannon Hicks May 15, 2011 8

Op-ed calls for lenders to pay for HUD counseling with recent budget cuts

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Counseling cuts: Will it scale back new protocols?

Counseling cuts: Will it scale back new protocols?

Shannon Hicks May 6, 2011 3

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