In this month’s issue of TRR, writer Lauren Daniels talks to some of those who were on the ground floor of the HECM’s development. Examining how far the program has come from its early days as an FHA pilot program, Daniels draws anecdotes from the HECM’s earliest supporters, those who recognized immediately the unique value this financial tool could offer America’s seniors.
While the industry has no doubt seen its share of uncertainty and change, Daniels points out that one constant has been the many people who have remained committed to this product through its ups and downs.
While some of the policies guiding the program may have changed, there are hundreds of reverse mortgage professionals who have stood alongside the program, battling public misconceptions and bureaucratic scrutiny, fervent in their belief in its outstanding potential.
These dedicated supporters have played a key role in the development of the product, and their commitment to helping seniors find financial security is sure to inspire future generations of HECM specialists.


