From what he wanted to be as a child to what he believes was the greatest setback for the industry, we get the personal and professional facts from Marc Helm, CEO of Reverse Mortgage Solutions, in our monthly edition of The Hot Seat.
When I was younger I wanted to be a doctor and then a lawyer … my, how boring that would have been!
I can’t go without Southern comfort food at least once a month.
When I was a kid we were very poor, and learned that opportunities are not given but made.
The best job I’ve ever had is the one I have now.
The worst job I’ve ever had was marriage and family counseling. It brought up way too many problems and too few answers.
My parents taught me how to value hard work and respect people from all walks of life.
I’ve never forgotten my fallen comrades from the Vietnam War.
I always remember to be thankful for the blessings I have been given.
The best lesson I’ve ever learned was “Mean what you say, say what you mean, but don’t be mean when you say it.”
A good friend is one of your most valued assets.
The best purchase I’ve ever made was my wife Sally’s engagement ring… 37 years and counting.
The biggest challenge in the reverse mortgage industry is the lack of a diversified secondary market.
The future of reverse mortgages is in our hands.
The greatest setback for our industry was Fannie Mae exiting the
business.
I am optimistic about the reverse mortgage industry because it is a program that will demand broad-based future support.
If I could change one thing about the reverse mortgage industry it would be the functionality of T&I defaults.
The most important influence technology will have on reverse mortgage is cost-effectiveness.
The most important thing seniors should understand about reverse mortgages is the terms to which they have agreed.
I would encourage a family member to consider a reverse mortgage because it could be right for them.
