Reverse Mortgage Foreclosure Alert! Detroit Ranks Number 1 In The Nation For Reverse Mortgage Foreclosures! Detroit finally ranks number one for something. The good news is that it’s not for murders or homicides. The bad news it’s not for any of their sports teams. Anyone who does reverse mortgage foreclosure defense knows it’s for reverse […]
Reverse Mortgage Foreclosure Alert! Detroit Ranks Number 1 Read Post »
Reverse Mortgage Fraud Is On The Rise As HECM Loans See 37% Spike In Appraisal Fraud The Federal Housing Administration announced it has launched an investigation into reverse mortgage fraud. FHA has seen a spike of 37% in fraudulent appraisals on reverse mortgage loans. Therefore, the agency announced that it will require a second appraisal on select HECM
Reverse Mortgage Fraud Alert: Appraisal Fraud Up 37% On HECM Loans Read Post »
Seniors Rejoice As Reverse Mortgage Foreclosures Face New Restrictions In The City Of Brotherly Love Unpaid taxes are one of the most common excuses lenders give for initiating reverse mortgage foreclosures. Yet, lenders don’t take into consideration that most counties or major cities allow people to pay their taxes in installments. It also seems like lenders
Reverse Mortgage Foreclosures Face Restrictions In Philadelphia Read Post »
Champion Mortgage To Evict New York Reverse Mortgage Fraud Victim Ron Brophy And His Wife Was Champion Mortgage hiding a dirty little secret when they decided to foreclose on Ron Brophy? Or was Champion Mortgage just ignorant of the origination fraud hidden in the file? Now Champion Mortgage and its parent company, Nationstar could find themselves
Champion Mortgage To Evict Reverse Mortgage Fraud Victim Read Post »
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
Non-Borrower Spouses Are Protected On Reverse Mortgages Read Post »
