A is a very good option that a foreclosure defense lawyer might suggest is that of reverse mortgage. This is simply a loan against the dwelling. A land owner does not need to repay the loan as long as he/she lives there. ...

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other foreclosure information includes using a reverse mortgage. people over the age of 62, who are looking at a repossession of their property, may have the option of securing a reversed mortgage to pay off the debt. ...

Suddenly, the industry that pumped interest only, hybrid, reverse mortgage, 2/28 loans, stated income, and every other weird concoction of loans is coming home to the safest of the safe. But the scary implication here is they are .... I actually just finished a new novel that satirizes all this and cites the collapse of Florida's housing industry in the late 1920s as historical precedent. Written by an industry insider and painfully funny - it's called "Ocean Raton." ...