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You may be the last hope for this generation of retirees



reverse mortgage newsIt’s no news flash that our industry has underwent severe growing pains in recent years. Many of you have your share of battle scars that serve as an ever-present reminder of relentless product changes, housing market upheavals and previous media attacks against the reverse mortgage and those who sell them.

All things considered one may ask “what’s the upside of being in this business?”  While true it may seem that no good deed goes unpunished when it comes to helping older Americans ensure a more comfortable retirement, yet there is a sliver lining; the need is immense for income solutions and will continue to grow. Why? Fewer retirees are prepared today than in any previous generation before it. Entitlement programs and Social Security are unsustainable though few politicians will actually take the required  course of action required to avert disaster. After all would any politician today dare utter the words of President Frank Underwood in the hit Netflix Series House of Cards? “For too long, we in Washington have…

Download a transcript of this episode here.

Looking for more reverse mortgage news, commentary and technology? Visit ReverseFocus.com today.

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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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