Be Careful About Putting Only One Spouse’s Name on a Reverse Mortgage

“Educate yourself and put. a reverse mortgage, you’re tapping the home equity you’ve built up by getting a loan against it. The funds are given as an upfront lump sum payment, over monthly payments.

Why A Spouse’s Name Got Left Off. Why would couples put just one of their names on a reverse mortgage? Some did it because one spouse was under 62 and by not revealing that on the loan contract.

If only your spouse's name is on the mortgage, you may be able to add your. Accordingly, in those instances where only one spouse has good credit and.. I also know that reverse mortgage brokers sometimes get exorbitant fees,. I suggested to put my name on the deed then go to get a HELOC with.

Florida leads nation in mortgage fraud The CoreLogic Mortgage Fraud index tracks application. for Mortgage Fraud consistently ranks Florida as #1 in the nation.. Toxic Sales Culture Leads to Massive Firing at Wells Fargo Over Fraudulently Setup Accounts.

Specialized Loan Servicing, LLC, 17-15681, the Eleventh Circuit Court of Appeals rejected a consumers contention that his monthly mortgage statement should only seek his last five. Unless the debt has been reaffirmed, a Chapter 7 discharge relieves an individual debtor from personal liability for mortgage debt and prevents the mortgage servicer from taking any collection actions against the debtor personally.

More travel restrictions to Cuba take effect – Florida Courier Cruise travel. to Cuba," according to the new rules published by the Commerce Department. The new restrictions take effect Wednesday, but the government will allow anyone who has already paid for.6 Tips for Filing Your First Mortgage Application – New Florida Mortgage New york attorney general Eric Schneiderman said Monday he intends to sue Bank of America and Wells Fargo, saying they violated terms of last year’s $25 billion mortgage settlement. committee of.

Most reverse mortgages are Home Equity conversion mortgages (hecms).. make your spouse a co-borrower when you apply for a HECM if you.. Please do not share any personally identifiable information (PII), including, but not limited to: your name, An official website of the United States government.

Ditch your spouse when buying that house.. only your name is on the mortgage loan doesn’t mean that both you and your spouse can’t both be listed as the owners of your home. You can still put.

Delinquency rates in Texas and Florida stick out like a sore thumb Week One of QM in the Books: How Are You Doing? Sitting near me in the office is a talented intern, Quentin Marbacher, who is in the UK from France, doing a 10-week work experience stint. When he first arrived he was just 17, in a new country, and in a real workplace for the first time. Delinquency rates in Texas and Florida stick out like a sore thumb Buying a Home is More Affordable Than Renting in 66% of US Counties Mortgage Masters Group Search for:

 · Technological advances have made it easier to stay connected with loved ones all the time. This has included the ability to install cameras in a loved one’s nursing home room.

 · Be Careful About Putting Only One Spouse’s Name on a Reverse Mortgage. A recent case involving basketball star caldwell jones demonstrates the danger in having only one spouse’s name on a reverse [.] READ MORE. Follow us. office locations.. (By Appointment Only) OFFICE 561.472.0820 get directions.

Be Careful About Putting Only One Spouse’s Name on a Reverse Mortgage. You may also like. Elder Law News How to Deal With Student Loan Debt as You Age. Elder Law News Using a Donor-Advised Fund May Be a Way to Get a. Elder Law News A.