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Reverse Mortgage Production

The numbers are in for Reverse Mortgage Production for the month of December. FHA for the first time has separated the HECM Saver when it comes to their statistics.


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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  1. Correction: The New York Bill does not provide for using RM proceeds for LTC Insurance but rather LTC needs (paying for LTC expenses). To date no specific provisions for LTC Insurance have been included.

  2. Once again, we find that there is no minimum IQ required to be a congressman. In 2001, I tried proposing a simple tax concept to our DC types. I do not believe that any of them had ever taken a class in accounting, taxation, or even had run a profitable business. How can people who cannot even read, much less produce a balance sheet propose any laws that affect business?

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