HECM industry outlook »

A Time for Measured Optimism?

A Time for Measured Optimism?

Shannon Hicks June 10, 2018 6

Despite challenges there is reason for measured optimism If you’ve been originating reverse mortgages for longer than a few weeks or paying attention to recent developments you’ve probably felt the impact of our collective

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The Year in Review

The Year in Review

Shannon Hicks January 5, 2018 0

A look back at the stories of 2017 that shaped the reverse mortgage industry

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The Real-Life Impacts of the HECM Overhaul

The Real-Life Impacts of the HECM Overhaul

Shannon Hicks October 13, 2017 10

Beyond absorbing the recent HECM overhaul with it’s lower lending ratios, reduced interest rate floor, and a higher upfront FHA insurance premium should prompt two crucial questions- how will this impact my potential borrowers?

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Do We Have It All Wrong?

Do We Have It All Wrong?

Shannon Hicks July 31, 2017 5

There’s a Silver Lining in HECM Endorsements That is Overlooked The chorus of dismay from reverse mortgage professionals lamenting declining reverse mortgage loan numbers began after the Great Recession and continues through today. Consequently,

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Shutting Down: Why many reject the HECM

Shutting Down: Why many reject the HECM

Shannon Hicks March 6, 2017 3

The hurdles to increased acceptance are complex Today there is an estimated $4.4 trillion in home equity for those 65 and older, many who are woefully unprepared for retirement. As HECM endorsements continue to

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Will Our Industry Bounce Back?

Will Our Industry Bounce Back?

Shannon Hicks October 3, 2016 7

What will it take for our industry to bounce back? Despite the increasing need of retirees whose largest asset  is typically their home, our industry volume continues to languish. Is it because our market

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More or Less? That is the Question

More or Less? That is the Question

Shannon Hicks July 5, 2016 2

A Dispassionate Examination of the HECM We’ve all heard the predictions. The industry will bounce back to 100,000 endorsements per year, the baby boomer wave will spur industry growth, etc. A recent article on

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Have We Turned the Corner?

Have We Turned the Corner?

Shannon Hicks November 23, 2015 3

HECM Fund’s Economic Outlook Improves Despite Challenges If you’ve lost any sleep in the last year wondering if the Home Equity Conversion Mortgage program will be further restricted you may be able to put

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