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Diversification: HECM Lenders Expand Their Offerings

Diversification: HECM Lenders Expand Their Offerings

Shannon Hicks November 26, 2017 5

With the HECM becoming increasingly unpredictable, many reverse-only lenders are expanding to offer traditional mortgages

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2 Minute Perspective Check

2 Minute Perspective Check

Shannon Hicks September 8, 2017 0

Perspective Check Good times & bad times Fear and growth Attitude Improvise, adapt, and overcome How clean is your windshield? Raising your sails The only constant Leadership in adversity Moving foward Impossible? Making your

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Examining the Underserved HECM Market

Examining the Underserved HECM Market

Shannon Hicks October 17, 2016 1

MIT study reveals more detail about potential HECM market We’ve heard for years that the Home Equity Conversion Mortgage has only been utilized by 2% of retired homeowners. We also know that reverse mortgage

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A Better Match?

A Better Match?

Shannon Hicks November 18, 2013 23

The new HECM program may be more attractive to affluent senior home owners working with a financial advisor.

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Bailout & Recovery: FHA moves forward

Bailout & Recovery: FHA moves forward

Shannon Hicks November 4, 2013 4

If you ever wonder why FHA made changes to the HECM program here's something to consider

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Friday’s Food for Thought: Pandora’s Box

Friday’s Food for Thought: Pandora’s Box

Shannon Hicks August 12, 2011 2

HUD's now suing Wells Fargo & Fannie Mae for their foreclosing on reverse mortgage borrowers. Did HUD open Pandora's box with their recent mortgagee letter?

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