#industry-misconceptions

#industry-misconceptions

“There are so many misconceptions,” said Yanklewitz about the business of casting. An industry veteran with credits on “New Girl,” “Black Hawk Down,” and more, Yanklewitz said casting directors are not inherently mean and are always rooting for actors.

McMinn and Hultquist emphasized the common misrepresentation of the HECM line of credit in the reverse mortgage industry, clarifying that its growth is not considered income but rather a form of loan proceeds. They explained, 'The line of credit growth is not income. We’re basically going to blow the whistle on some things we say in the industry.' This interactive approach allowed audience members to interrupt misconceptions directly, highlighting the need for accurate communication regarding these financial products.