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The Yakima Herald-Republic reports a shocking percentage of Americans 60 and older say they have more debt than they can manage…
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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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HOME PRICE WOES IN CALIFORNIA
There is a new cause for lower home prices in California. As insurance companies refuse to provide insurance on homes they do not currently insure, other carriers are increasing their prices thus putting pressure on home prices to go down. This situation could lead to many problems for people who want to own homes in California over the next few years.