After a death in the family or a divorce, financial hardship often follows. The heir or ex-spouse trying to save the home from foreclosure may not have been an original borrower on the mortgage loan. Mortgage servicers sometimes refuse to provide any information or claim that such a non-borrower cannot apply for a loan modification. This webinar will cover the law surrounding loan assumption and modification and specific rules from Fannie, Freddie, HAMP, and FHA that may help. We will provide advocacy tips and also discuss litigation strategies.
Presenters: Sarah Bolling Mancini, Of Counsel, National Consumer Law Center
Additional sponsorship for this Webinar is provided by a grant from the Administration on Aging/Administration for Community Living. This webinar is part of a series of National Elder Rights Training Project webinars for the National Legal Resource Center.