New York City Paralegal Association Inc.

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National Center on Law & Elder Rights: Assisting Older Homeowners and Surviving Spouses Facing Foreclosure of Reverse Mortgages

  • 20 Mar 2019
  • 2:00 PM
  • Webcast



Free Webcast: Assisting Older Homeowners and Surviving Spouses Facing Foreclosure of Reverse Mortgages 

When: Wednesday, March 20, 2019 at 11:00 a.m. PT/2:00 p.m. ET..

Many seniors continue to face foreclosure on reverse mortgage loans that were intended to create stability for homeowners and their spouses to age in place. Some reverse mortgage borrowers are at risk of foreclosure due to alleged default on property taxes and insurance, and difficulty accessing loss mitigation options. Widow(er)s continue to face foreclosure following the death of the borrowing spouse due to short deadlines and other requirements to qualify for a HUD program that was intended to effectuate a statutory protection for non-borrowing spouses.

This webcast will provide advanced training for advocates to assist reverse mortgage borrowers and non-borrowing spouses in avoiding foreclosure. The training will focus on strategies ranging from loss mitigation to litigation related to: property charge defaults; alleged non-occupancy; non-borrowing spouses; and the recent bankruptcy filed by Reverse Mortgage Solutions (including the effect on existing cases and filing proofs of claim by April 1st). This training will assume an understanding of reverse mortgage basics.

Closed captioning will be available on this webcast. A link with access to the captions will be shared through GoToWebinar's chat box shortly before the webcast start time.

Presenters:

  • Rachel Scott, Atlanta Legal Aid
  • Sarah White, Connecticut Fair Housing Center 

NOTE: This training will be presented in a WEBCAST format to accommodate more participants. This webcast will be 90 minutes in length. Due to the high volume of participants, computer audio will be the only option to listen to the presentation. No telephone call-in number will be provided. Please plan accordingly. Thank you.

The webcast will take place on Wednesday, March 20, 2019 at 11:00 a.m. PT/2:00 p.m. ET.

Click to Register

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