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Reverse Mortgage Foreclosures – Stay in the Know

Michelle Michelle March 10, 2022

Reverse mortgage foreclosures have become as commonplace as forward ones and foreclosure defense practitioners and housing counselor advocates should be well equipped on how to assist elderly homeowners who are at risk of losing their home to foreclosure.  This presentation will provide attendees with a basic overview of reverse mortgages including reverse mortgage eligibility at origination, what homeowners need to know to avoid a reverse mortgage default and ways to prevent a foreclosure should a default occur.  Advocates will also learn what defenses to foreclosure may be available and how to resolve a reverse mortgage foreclosure action. The webinar will also discuss relief options available for homeowner’s affected by Covid-19.  This training was recorded on 3/9/2022. All information presented was current at the time of recording.

Materials:  PowerPoint