Reverse Mortgage Foreclosure Defense: Yes, You Can Save Your Home!

Like the conventional mortgage lenders before them, reverse mortgage lenders have people convinced they can’t fight their reverse mortgage foreclosures.

Yet, Foreclosure Defense Network has again debunked the propaganda of sleaze from the Wall Street oligarchs. Just like we did with foreclosures on conventional mortgages. 

Foreclosure Defense Network is also the only foreclosure and mortgage experts with the experience and the connections to the right lawyers who can help you successfully challenge any reverse mortgage foreclosure.

Below are two way seniors fall into foreclosure with a reverse mortgage. 

Two Most Common Ways People Go Into Foreclosure With A Reverse Mortgage

One 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 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. 

Lenders also tend to foreclose on reverse mortgages 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.

MFI-Miami Can Help You Fight!

For nearly 10-years, Foreclosure defense Network Co-Founder Steve Dibert has developed a reputation using smart lawyers to bring Wall Street banks to their knees.  He has even humiliated bank lawyers during depositions. 

Furthermore, MFI-Miami also has access to some of the top forensic accountants available. MFI-Miami can also call on mortgage compliance experts. 

As a result, this gives MFI-Miami unparalleled strength to challenge any lender.

Steve Dibert likes to fight the Wall Street banks! He spent nearly ten years in the world of lending and knows the Achille’s heel of all the major lenders. 

MFI-Miami and their lawyers have helped hundreds of seniors successfully stay in their homes. 

Call us today at 1.888.214.6377 to learn more. Read more on Facebook