A Look at the Top Episodes of the RMD Podcast

When Reverse Mortgage Daily launched The RMD Podcast in 2019, the site did so in an attempt to provide additional context and (literal) voice to some of the biggest, most prominent issues and players in the reverse mortgage industry. The episodes that have been released thus far have had guests ranging from the most visible […]

Liberty President Talks Customer Focus, the Future for Reverse Mortgages

There’s a great deal of responsibility that comes with being a leader in the reverse mortgage industry, but when someone recognizes the importance and impact of their work, that can make leadership in your industry both important and necessary. That impact is something that stays with Mike Kent, the president of Liberty Home Equity Solutions, […]

Jumbo Reverse Mortgages Appeal to Wealthy, New Celebrity Spokesman

Reverse Focus Weekly Podcast Episode #419 In this week’s Reverse Focus podcast, Shannon Hicks discusses how jumbo reverse mortgages are appealing to higher net worth homeowners whose homes are above the federal lending limit of $625,500 and who may want an alternative to retirement planning. Another topic of discussion was about property eligibility issues for […]

Reverse Mortgage Volume Hits New Low, Walter Investment Hires New CEO

Reverse Focus Weekly Podcast Episode #417 In this week’s Reverse Focus podcast, Shannon Hicks discusses the new lows in reverse mortgage volumes for the month of May among many regions of the country. The Great Plains region was the lowest with a drop of 32.7% in May. On the flip side, the rocky mountain region […]

Skeptics Now Accept Reverse Mortgages, AAG Brings Jumbo Loan to Wholesale

Reverse Focus Weekly Podcast Episode #415 In this week’s Reverse Focus podcast, Shannon Hicks discusses the trouble that industry professionals foresee in the secondary market from HUD’s latest proposed lower interest rate caps. The rule would cap the lifetime interest rate increases on all HECM adjustable rate mortgages to 5% over the life of the […]

HUD Pleased with HECM Changes, Retirees Forced to Consider Home Equity

Reverse Focus Weekly Podcast Episode #413 In this week’s Reverse Focus podcast, Shannon Hicks discusses the positive impact of the new and improved HECM program. HUD is ‘very pleased’ with the program mainly because of the new protections that took effect last year, which include the non-borrowing spouse protection. HUD also hinted that a new […]

Retirees Don’t Take Reverse Mortgages Seriously, CFPB ‘Racket’ on Blast

Reverse Focus Weekly Podcast Episode #411 In this week’s Reverse Focus podcast, Shannon Hicks discusses why U.S. workers are not seriously considering reverse mortgages for retirement. One reason is that a large portion of both retirees and pre-retirees not only lack knowledge of reverse mortgages, but they also don’t consider the use of home equity […]

Finance Columnist Defends Reverse Mortgages, Top Lender Airs New TV Ad

Reverse Focus Weekly Podcast Episode #409 In this week’s Reverse Focus podcast, Shannon Hicks discusses a a personal finance columnist who recently defended his stance on reverse mortgages after being called “crazy” by some of his readers. In a column published by the San Antonio Express-News, personal finance commentator Scott Burns stressed that although reverse […]

Harrison Ford’s Reverse Mortgage Joke, The Benefits of H4P

Reverse Focus Weekly Podcast Episode #406 In this week’s Reverse Focus podcast, Shannon Hicks discusses a recent article published by The Wall Street Journal, which advised that much of the criticism plaguing reverse mortgages today is largely aimed at the Home Equity Conversion Mortgage (HECM) of the past. The article highlighted how the most recent […]

Moving Parts of Reverse Mortgage Costs, More ‘Education Week’ Details

Reverse Focus Weekly Podcast Episode #404 In this week’s Reverse Focus podcast, Shannon Hicks discusses next month’s reverse mortgage “Education Week” sponsored by the National Reverse Mortgage Lenders Association. The inaugural, week-long event is an attempt to facilitate conversations about reverse mortgages among non-industry professionals, including financial advisers, Realtors and home care professionals. Education Week […]