Reverse Mortgage Basics

Michelle Michelle January 13, 2023

This presentation was recorded 1/13/2023.

Reverse mortgages can be confusing. In this presentation we’ll give a general overview of a reverse mortgage and how they operate. Then we will look at the rules governing reverse mortgages and common reasons for default and homeowner protections. Covered are the issues and rights of spouses in foreclosure in the event of divorce or death and the rights of heirs.

Presenter: Jennifer Levy, Staff Attorney, The Legal Aid Society in Queens

Materials – click here