New Federal Policies to Prevent Reverse Mortgage Foreclosures (Virtual Event)

Topics:
  • Homeownership - Foreclosure

 

National Center on Law & Elder Rights logoThe National Center on Law & Elder Rights is hosting a free webinar entitled New Federal Policies to Prevent Reverse Mortgage Foreclosures on May 8, 2024 from 2:00 PM-3:15 PM Eastern. 

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. 

Speakers:

Sarah Mancini, National Consumer Law Center
Maryann Flanigan Sutherland, Legal Services of New Jersey

Capacity for this session is limited to 3,000 participants, and all participants will have the option of accessing audio through the computer or by phone. Closed captioning will be available. Please be sure to log onto the webinar a few minutes early in order to secure your place for the live presentation on Zoom. If you would like to request ASL interpretation or have other accessibility related questions, please email ncler@acl.hhs.gov at least one week in advance.