2013-02-02therealdeal.com

``But under a controversial policy that is drawing national scrutiny and at least one major lawsuit, HUD -- the agency that runs the reverse mortgage program -- insists that when a spouse dies, and the surviving spouse's name is not on the loan documents, the full mortgage balance becomes due and payable. If a relative or the surviving spouse cannot purchase the house and pay off the debt, the loan may be subject to a foreclosure sale.''


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