AARP still calls it a ‘loan of last resort’. Will cash-burn by younger borrowers increase future defaults and foreclosures?
Continue readingFinancial Underwrite A Go: Industry Leader Update
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HUD has made it official, reverse mortgage lenders have the authority to help prevent tax and insurance defaults when it comes to financial underwriting and potential reverse mortgage borrowers assessments.
101 year old evicted in Reverse Mortgage T&I Default: Industry Leader Update
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The behind the scenes of the eviction of a 101 year old Detroit woman due to tax & insurance default on reverse mortgage
Video grabs from WXYZ television in Detroit.
Original Story of eviction here. Â Â Updated story of eviction here.
