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Reverse Mortgages: What Attorneys Need to Know
October 29, 2020 @ 11:00 am - 12:00 pm
While reverse mortgage companies often promise older adults a worry-free way to stay in their home, this may not be true. Borrowers can still lose their homes through tax sale and foreclosure, and often wonder whether their spouse or family members can keep the home. When a client comes to you, what are their options? Can they repay or defer what they owe? Should they file for bankruptcy? Can their spouse access the loan?
On Thursday, October 29th from 11 AM-12 PM, learn the answers to these questions and more, including COVID-related updates, with Maryland Legal Aid housing and consumer law experts Louise Carwell and William Steinwedel.