CFPB Could See Power Limited, Not All Financial Planners are Alike

ReverseFocusReverse Focus Weekly Podcast Episode #285

In this week’s Reverse Focus podcast, Shannon Hicks talks financial planners and FHA reform. While many reverse mortgage lenders are working to partner with financial planners, there are many different types of advisors to be aware of. Hicks talks about the different types and how to work with them and their specialties. 

Also discussed is an FHA reform bill introduced earlier this year that would save FHA hundreds of millions of dollars, according to a recent Congressional Budget Office report. 

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Hicks also highlights the findings of a recent report indicating very few Americans are aware of sweeping proposals to Social Security reform as well as the support during a recent House Financial Services Committee hearing for big changes to the Consumer Financial Protection Bureau that would work toward reducing some of the agency’s power. 

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Talking Points:

  • Be Careful What Type of Financial Advisor you partner with
  • Social Security Reduction: Most American’s left in the dark
  • FHA reform bill would increase oversight and capital reserve
  • House Committee seeks to reign in CFPB powers

Listen Now. “Reverse Focus 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.”

Editor’s Note: These posts are sponsored by Reverse Focus.