If I Have a Reverse Mortgage and I Am Facing Foreclosure, What Can I Do?
Many homeowners with a reverse mortgage have the option of satisfying their debt and walking away with cash to relocate, even if they are facing foreclosure. Home Equity Conversion Mortgage a.k.a Reverse Mortgage Seniors ages 62 and older may decide on a reverse mortgage, also known as a home equity conversion mortgage or a “backwards…