Free Webinar: New Federal Policies to
Prevent Reverse Mortgage Foreclosures
When: Wednesday, May 8, 2024
11:00am–12:15pm P.T./2:00-3:15pm E.T.
Reverse mortgage loans are meant to prevent displacement of low-income older adults and preserve housing stability, however these loans can end up in foreclosure for a number of reasons. Reverse mortgage borrowers can end up in foreclosure if they default on property taxes or insurance or if the lender believes they have permanently moved out of the home. Non-borrowing spouses and other heirs may also end up facing the risk of foreclosure, but foreclosure avoidance options are available. This webinar will cover reverse mortgage basics, recent policy changes, and important updates to help reverse mortgage borrowers, spouses, and heirs avoid foreclosure.