Two things most reverse pros don’t know about the expected rate

by Shannon Hicks
| 2 Comments
| April 15, 2024

EPISODE #822

Two things most reverse pros don’t know about the expected rate

[Dan Hultquist via RMD/Housing Wire]

Industry expert, author, and founder of Understanding Reverse contributed a column to Housing Wire’s Reverse Mortgage Daily that reveals two often overlooked facts about the HECM’s expected rate used to determine the federally insured reverse mortgage’s principal limit.

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- [Fortune.com] Many investors expect this instead of a soft landing for the economy.
  
  [Housing Wire] Judge allows majority of bank’s suit against Ginnie Mae to proceed.

HSomRSan Clev

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.