Reverse Mortgage Foreclosures Have Serious Flaws

Don’t Lose Your Home! Seniors CAN Fight Reverse Mortgage Foreclosures

Reverse Mortgage ForeclosuresLike the conventional mortgage lenders before them, reverse mortgage lenders have people convinced they can’t fight reverse mortgage foreclosures.
Yet, MFI-Miami has again debunked the propaganda of sleaze from the Wall Street oligarchs. Just like we did with foreclosures on conventional mortgages.
MFI-Miami is also the only foreclosure and mortgage experts with the experience to successfully challenge reverse mortgage foreclosures.

Two Most Common Ways Reverse Mortgage Foreclosures Begin 

Reverse MortgageOne common way seniors find themselves in foreclosure with a reverse mortgage is if they don’t pay the property taxes. Many times they pay the taxes but the mortgage servicer doesn’t properly apply the payment to the transaction history.
There are also times the mortgage servicer’s payment history doesn’t match the information from the county or local taxing authority. 
The other is if only one spouse is listed as the mortgagor and the mortgagor passes. Most seniors are living month-to-month off a pension check. Many seniors did a reverse mortgage in order to live off the equity in their home.
The surviving spouse could find him or herself homeless. FHA has since changed this rule. Yet, many servicers still try to enforce it. Click here for more information about Reverse Mortgages. 

Comments

Post a Comment

Popular posts from this blog

NYCHA Supervisors Busted Having Drunken Sex Orgies

Image
NYCHA Supervisors In Throggs Neck Busted Having Sex Orgies With Subordinates  The  NYCHA  has reassigned several NYCHA Supervisors for allegedly having drunken orgies while on the job. The shocking allegations surfaced on Monday. Sources claim NYCHA supervisors and subordinates would engage in wild sex parties inside city-owned properties. This included offices, the groundskeepers’ shop and empty apartments of the Throggs Neck Houses according to the  New York Post .  Monique Johnson alleges employees sometimes got paid overtime while having sex. Johnson is the president of the tenants association. Johnson also said supervisors had sex with subordinates: There was drinking and sexual acts going on…More playing, and less working. Staff members would find up to a dozen people taking part in the orgies. Read more at MFI-Miami
Read more

House Candidate Accused Of Embezzlement

Image
House Candidate Jennifer Suidan Accused Of Embezzling $100,000 From Elected Official’s Campaign Account A Michigan House candidate is accused of embezzling more than $100,000 from another politician’s campaign funds. Jennifer Suidan  allegedly embezzled more than $100,000 from Oakland County Treasurer Andy Meisner’s campaign account. Meisner made the allegations at a  news conference from the  Goodman Acker  law firm. Suidan worked at the law firm and was fired because of the alleged embezzlement. She worked as a nonlawyer managing the campaign funds at the law firm for Meisner and other Democrats. The prominent suburban Detroit law firm handles primarily personal injury claims. The firm also handles funds for a number of prominent Democrats. Read more at MFI-Miami
Read more

Toilet Slave Priest Found Dead In His New Jersey Home

Image
Disgraced Toilet Slave Priest Peter Miqueli Who Used Church Funds To Pay For S&M Master Found Dead Disgraced toilet slave priest ­Peter Miqueli was found dead in his New Jersey home yesterday. Miqueli was  accused of embezzling $1 million  from his Bronx parish in 2015. The kinky priest used the money to pay for kinky sessions with his S&M “master” Brick Township police said Mi­queli died at his home there but declined to provide further details. Miqueli  resigned as pastor of St. Frances de Chantal parish  in Throggs Neck in 2015 amid allegations that he swiped the cash to fund his $1,000-a-pop S&M sessions with his beefcake “master” Keith Crist. Miqueli forced Crist to break it off with his then-girlfriend Tatyana Gudin. As a result, that set off a chain of events beginning with Gudin writing letters to Timothy Cardinal Dolan in 2015.  The sordid accusations were made  in a civil lawsuit  brought by parishioners. The emails were included ...
Read more