Download your February 2017 Top 100 Retail HECM Lenders Report Here.
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Editor in Chief: HECMWorld.com
As a prominent commentator and Editor in Chief at HECMWorld.com, Shannon Hicks has played a pivotal role in reshaping the conversation around reverse mortgages. His unique perspectives and deep understanding of the industry have not only educated countless readers but has also contributed to introducing practical strategies utilizing housing wealth with a reverse mortgage.
Shannon’s journey into the world of reverse mortgages began in 2002 as an originator and his prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he launched the podcast HECMWorld Weekly. Later, in 2010 he began producing the weekly video series The Industry Leader Update and Friday’s Food for Thought.
Readers wishing to submit stories or interview requests can reach our team at: info@hecmworld.com.
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Let us give these numbers some context. The endorsement total for the month of February 2017 is the worst such total for any February in over a decade.
The speck of silver lining in this count is that the count was sufficient so that there is now a high probability that the total endorsement count for the first half of fiscal 2017 (ending 3/31/2017) may not end up being the worst endorsement count for any first half of a fiscal year in more than a decade. As of now it looks that the count will end up making the endorsement total for the first six months of this fiscal year as being the second worst such total in over a decade as long as the endorsement count for Mach 2017 is at least 4,113.