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Planned HUD Office Closure & HECM Services

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EPISODE #869:

Tulsa field office closure could impact limited HECM services. 

[Bloomberg | Housing Wire] DOGE’s planned closure of HUD field offices across the nation likely will include the Tulsa, Oklahoma field office, which houses limited HECM operations and the National Servicing Center.  

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    • [HECMWorld Exclusive] How one HECM pro has leveraged the power of storytelling to reach older homeowners.

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Shannon Hicks

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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2 Comments

  1. Shannon,
    Dan H. mentioned yesterday (Round Table) that the majority of the services in that office have already been outsourced. Would have limited impact on services.

    • Thank you, David. This was great news when I spoke with Dan yesterday- a development not known at the time of the original Housing Wire/RMD column. Keeping our eyes peeled for developements.


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