hunchOn the lighter side….some senior homeowners agonize over the decision to do/not do a reverse mortgage.  One of my own clients has been “thinking” about it for 5 years.  Take heart, there is now a “collective knowledge” program that will lead anyone through the process step by step.  Actually, it’s interesting.  The more people who use the thing, the smarter it should get.  It will help you decide on a diverse range of topics … to buy a Porsche or to get a reverse mortgage.

HUNCH is the brainchild of a group of MIT students.  The 10-person design team who built the core algorithm says (We are)… ” mostly a bunch of MIT nerds with backgrounds in computer science and math, which comes in pretty handy when you’re building a massive collective knowledge project based on machine learning.”   Hunch is a decision-making site that gets smarter the more it’s used.  After asking you 10 questions or fewer, Hunch will propose a concrete and customized result for hundreds of decisions of every kind. You could jump right to your reverse mortgage decision problem by clicking the link above. But for better results, run through the initial questions on the site Home page so HUNCH can get to know you.

Flickr Co-founder Caterina Fake is a Hunch Co-founder and Chief Product Officer.   Hunch opened to the public on June 15, 2009.  According to Fake, “decision-making is dark and lonely work.  Coin-flipping, I Ching consultation, closing your eyes and jumping, postponing the inevitable, Rock-Paper-Scissors, and asking your sister are all time-honored means of coming to a decision – and yet we think there’s room for one more: Hunch.”

Hunch is a decision-making site, customized for you. Which means Hunch gets to know you, then asks you 10 questions about a topic (usually fewer!), and provides a result – a Hunch, if you will. It gives you results it wouldn’t give other people.

DISCLAIMER: We’re just having a little fun here. We do not propose that you use HUNCH to make your reverse mortgage decision.  However, if you need an excuse to buy a Porsche… ?  Check out PorschePurist

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Author – Robert H. Irving, CSA®
Senior Reverse Mortgage Consultant