HECM Reverse Mortgage Rules

HECM Reverse Mortgage Rules

HECM Reverse Mortgage Rules Allow Non-Borrower Spouses Of Reverse Mortgage Borrowers To Remain In The Home FHA announced changes to its HECM Reverse Mortgage rules two years ago. Yet, many people are unaware that these changes in the HECM program allow non-borrowing spouses to stay in their homes after the last surviving borrower dies. FHA released new […]

jpmorgan chase quits

JPMorgan Chase Quits Foreclosure Battle 90 Minutes Before Trial

JPMorgan Chase Quits 5 1/2 Year Foreclosure Case  I received some good news last week when I was getting ready to drive to Miami to testify at a foreclosure trial. My client’s attorney called to inform that JPMorgan Chase was throwing in the towel. JPMorgan Chase had filed a motion to voluntarily dismiss with prejudice […]

MetLife

MetLife Unit To Pay $123.5M For Mortgage Violations

MetLife Home Loans LLC will pay $123.5 million to resolve alleged FHA mortgage lending violations  MetLife Home Loans LLC has agreed to pay the United States $123.5 million to resolve allegations that MetLife Bank N.A. (MetLife Bank) violated the False Claims Act by knowingly originating and underwriting mortgage loans insured by the U.S. Department of […]

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