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Old 02-20-2021, 11:32 PM
EdFNJ EdFNJ is offline
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Quote:
Originally Posted by manaboutown View Post
They did not work for these folks.

"Wrongful reverse mortgage foreclosures are at a crisis stage, and there are very few if any protections from the bad practices of the servicers. And the lack of any meaningful oversight from HUD only makes things even more dangerous for seniors.
It worked WONDERFULLY for my father who passed away at 93 for his condo in S.FL. after my mother passed. Took over 1 1/2 years to complete foreclosure and another 1 1/2 years to finally get sold. Everything went exactly as they told him it would when he signed on the dotted line. They (bank, condo, utilities etc) tried to scare ME but without success. Lawyer I consulted with down here said to just ignore all the mail since I wasn't part of the RM and he had no estate except for a 14 yr old car.

Last edited by EdFNJ; 02-20-2021 at 11:39 PM.