Industry Changes »

The HECM’s State of Affairs

The HECM’s State of Affairs

Shannon Hicks April 17, 2017 4

Irrelevant HECM endorsements and recent developments The Irrelevancy of Historical Volumes A sense of frustration can set in for those expecting rapid expansion of loan volume back to our pre-recession levels.   After several

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HECM Changes Coming This Fall

HECM Changes Coming This Fall

Shannon Hicks April 10, 2017 1

Despite executive order, more HECM Changes coming this fall One would think our industry may catch it’s collective breath from the rapid nonstop pace of new rules and regulations for the Home Equity Conversion

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The HECM May Have to Move Out of FHA’s MMI Fund

The HECM May Have to Move Out of FHA’s MMI Fund

Shannon Hicks November 28, 2016 3

Will the HECM move back to the General Insurance Fund? While the overall FHA MMI (Mutual Mortgage Insurance) Fund is showing positive signs of recovery, the HECM portion of the fund has been much

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The Reinvention of the Reverse Mortgage

The Reinvention of the Reverse Mortgage

Shannon Hicks October 31, 2016 2

HECM Product Changes Spurred Market Shift & Innovation Necessity is the mother of invention. For the reverse mortgage industry one could say that necessity has pushed us into reinventing the image and application of

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HECM Changes: For Better or Worse?

HECM Changes: For Better or Worse?

Shannon Hicks June 20, 2016 3

Do Recent HECM Changes Help or Hurt our Industry & Consumers? Certainly one could argue that the recent changes to the federally-insured reverse mortgage have improved the reputation of the program in the eyes

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Changemasters

Changemasters

Shannon Hicks June 12, 2015 0

There is a national professional group called Toastmasters that helps their members improve their speaking and communication skills. Perhaps our industry needs a ChangeMasters group. One centered on the key skills needed to adapt

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Retirement Funding Solutions Hires Alex Pistone as President

Retirement Funding Solutions Hires Alex Pistone as President

Shannon Hicks June 3, 2015 0

Top Industry Executive Accepts Leadership Role Retirement Funding Solutions, the Reverse Mortgage Division of Synergy One Lending, Inc., has secured a top industry executive in Alex Pistone. Pistone has been brought on as a

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Shaping the Message: Extreme Summit

Shaping the Message: Extreme Summit

Shannon Hicks December 16, 2013 6

Controlling Our Market Brand and Perception Marketing experts see plenty of companies begin a public relations campaign and then leave it in the hands of the media. When it comes to reverse mortgages one

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