Florida Elder Law & Estate Planning Blog

Non-Borrowing Spouses of HECM Reverse Mortgage Borrowers Get More Protections
June 8, 2021

The Federal Housing Authority this month issued new rules that provide more protection for non-borrowing spouses of reverse mortgage borrowers. The new rules apply to HECM reverse mortgages – Home Equity Conversion Mortgages – which are federally insured and backed…

Reverse Mortgage
Beware deceptive reverse mortgage advertising
December 17, 2016

If you are over 62 and have equity in your home, a reverse mortgage can be a financial lifesaver. But if you misunderstand what you’re getting into, it can sink your ship. According to a recently concluded Consumer Financial Protection…