Reverse Mortgages Litigation
Press Release: NCLC Sues Nationstar Mortgage for conducting unnecessary reverse mortgage inspections, May 4, 2016
Press Release: NCLC Sues Nationstar Mortgage for conducting unnecessary reverse mortgage inspections, May 4, 2016
Policy Briefs, Reports & Press Releases Issue Brief: Recommendations to Improve Servicing and Reduce Foreclosures of Federal Reverse Mortgages, March 2020 Fact Sheet: Are You a Reverse Mortgage Non-Borrowing Spouse? Tips to Help You Remain in Your Home, February 2020 Press release: In the Wake of HUD Major Policy Change on Non-Borrowing Spouses, NCLC Attorney [...]
Comments to HUD re: Mortgagee Letter 2019-15 (protections for non-borrowing spouses in homes with reverse mortgages), October 23, 2019 Testimony of NCLC Attorney Sarah Bolling Manini before the U.S. House Financial Services Committee Housing, Community Development, and Insurance Subcommittee re: Protecting Seniors: A Review of the FHA's HECM (Reverse Mortgage) Program, September 25, 2019; press [...]
Group Letter to the FHA addressing COVID-related issues for HECM (reverse mortgage) borrowers and spouses, Oct. 13, 2020 Memo to HUD re: HECM Reverse Mortgages Non-Borrowing Spouses Experiencing Mortgagee Optional Election (MOE) Problems with RMS, August 22, 2019 Letter urging HUD to adopt protections for homeowners before allowing any note sales of reverse mortgages, Nov. [...]