Monthly Archives: July 2010 »

HUD’s new Financial Interview Tool: Will it prevent borrower problems?

HUD’s new Financial Interview Tool: Will it prevent borrower problems?

Shannon Hicks July 23, 2010 7

Commentary:  I read with great interest and anticipation just what our prospective borrower’s would face with HUD’s new counseling protocol which includes a Financial Interview Tool [Update: Shortly after writing this commentary the NCOA FIT &

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Time Magazine: Another ignorant smear piece on reverse mortgages

Time Magazine: Another ignorant smear piece on reverse mortgages

Shannon Hicks July 8, 2010 23

I couldn’t read this “journalistic” (too use the term loosely) hit piece (Six Problems the Consumer Financial Protection Bureau Should Tackle First) and not respond. Below is my letter to the editor of Time Magazine

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Did we just dodge a bullet?

Did we just dodge a bullet?

Shannon Hicks July 6, 2010 2

If a mental picture comes to mind for the reverse mortgage industry it is the character "Neo" in the Matrix leaning back impossibly as he dodges bullets in slow motion. The question is, have

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