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Open Mortgage exits reverse mortgage lending


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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…


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reverse mortgage podcast   reverse mortgage podcast 


Editor in Chief:
As a prominent commentator and Editor in Chief at, 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:

Leave a Comment


  1. Liked the information, nit the rates 🙁

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

  3. test comment – cands

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