Reverse Fortunes Weekly Podcast Episode #165
The latest podcast from Reverse Fortunes takes a look at a report that indicates the Federal Housing Administration could be in need of a taxpayer bailout. Hear from Shannon Hicks on what this could mean for the HECM program.
He also discusses the dismissal of AARP’s lawsuit against the Department of Housing and Urban Development over three reverse mortgage borrowers facing foreclosure, as well as recent bank exits from the industry and the potential impact on consumer perception of reverse mortgage products.
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Talking Points:
- HUD Lawsuit dismissed
- Bank exits & consumer perception
- Loan Limit Limbo
- FHA: Is it bailout time?
Listen now. “Reverse Fortunes is the ultimate resource for reverse mortgage professionals providing the technology, training and marketing to grow your business. We are your one-stop resource for those committed to taking their business to the next level.” Editors Note: These posts are sponsored by Reverse Fortunes.
