Monthly Archives: June 2010 »

Will HECM require credit underwriting in the future?

Will HECM require credit underwriting in the future?

Shannon Hicks June 20, 2010 6

Oftentimes we speed read. You know, skim across an article. We get the message but we can miss clues pointing to future trends. My reading this week on Reverse Mortgage Daily while preparing for

Read More »
Fixed rate is popular, but is it the best loan for your client?

Fixed rate is popular, but is it the best loan for your client?

Shannon Hicks June 12, 2010 1

The fixed rate HECM is wildly popular and now many banks are eliminating fees for consumers. The question is are we fully informing our borrowers about the advantages and disadvantages of the fixed versus

Read More »