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Non-Borrower Spouses Are Protected On Reverse Mortgages

Muad'Dib / 10/06/2017

Federal Courts Have Provided Non-Borrower Spouses With Protections From Reverse Mortgage Foreclosure Non-Borrower Spouses whose names were not on Reverse Mortgages were pretty screwed when the spouse died. However, in 2013, the federal court in the District of Columbia handed down a landmark ruling. The ruling recognized the need to protect surviving spouses in this situation. Bennett […]

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HECM Reverse Mortgage Rules

Muad'Dib / 10/02/2017

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

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Yes, A Reverse Mortgage Can Be Foreclosed On!

Muad'Dib / 09/12/2017

A Reverse Mortgage Can Subject You To Foreclosure If You Don’t Follow The Rules A reverse mortgage is available to senior citizens aged 62 or over. These specialized loans essentially use the equity in a home as the basis for cash payments to the senior. Seniors can utilize these payments to supplement Social Security and

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Reverse Mortgages: What You Don’t Know Could Cost You

Muad'Dib / 07/19/2017

Reverse Mortgages: What You Need to Know I have been inundated with calls about Reverse Mortgages lately. So I have decided to write this article explaining how Reverse Mortgages work and if they are right for you. If you have any further questions, I can refer you to a qualified FHA broker or originator. What

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JPMorgan Chase Loan Officer Pleads Guilty To Loan Fraud

Muad'Dib / 07/15/2017

JPMorgan Chase Loan Officer Ross D. Pickard Pleads Guilty To Conspiracy To Commit Loan Fraud JPMorgan Chase Loan Officer Ross D. Pickard pleaded guilty to conspiracy to commit loan fraud. The 63-year old faces a maximum penalty of five years in federal prison. Pickard also faces up to 30 years on each of the fraud counts.

banks, JP Morgan Chase Bank, JPMorgan Chase, JPMorgan Chase Loan Officer, loan fraud, loan fraud investigating, mortgage fraud, mortgages, Ross D. Pickard

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Non-Borrower Spouses Are Protected On Reverse Mortgages

HECM Reverse Mortgage Rules

Yes, A Reverse Mortgage Can Be Foreclosed On!

Reverse Mortgages: What You Don’t Know Could Cost You

JPMorgan Chase Loan Officer Pleads Guilty To Loan Fraud

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