Open Mortgage exits reverse mortgage lending - HECMWorld.com Skip to content
Advertisement

Open Mortgage exits reverse mortgage lending

Advertisement



Unable to use the embedded player? Listen here.

EPISODE #802

Top-Ten lender closes reverse mortgage division

[Reverse Mortgage Daily]

Top-ten HECM lender Open Mortgage announced the closure of their reverse mortgage division citing profitability challenges from…

 

Other Stories:

  • [RMI] Reverse Market Insight’s Market Minute
  • [RMD] HECM mortgage-backed securities pose a significant risk to HUD

reverse mortgage podcast   reverse mortgage podcast 

Share:

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.

Leave a Comment

4 Comments

  1. Liked the information, nit the rates 🙁

  2. Thank you, Jon for a great ‘Market Minute” segment!

  3. test comment – cands


Add a Comment

Your email address will not be published. Required fields are marked *

Advertisement
Advertisement

Recent Stories

Topics

Subscribe to join our World

Get the latest reverse mortgage news delivered straight to your inbox.