What Reverse Mortgage Firms Can Learn from Florida Case Judgment – Reverse Mortgage Daily

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What Reverse Mortgage Firms Can Learn from Florida Case Judgment – A recent reverse mortgage court decision in Florida could have an impact on loans in other states. The court’s determination that a loan can be called due and payable at the maturity date rather than. CornerStone Mortgage Solutions, LLC: Pensacola FL Home Loans.

The defendant, johnnie mae edwards, appeals the entry ofthea final judgment of foreclosurenotentered in favor of appellee, Reverse Mortgage Solutions, Inc., in this reverse residential mortgage foreclosure case. Following this Court’s recent opinion in Smith v. Reverse Mortgage Solutions, Inc., etc., 2015 WL 4257632

Reverse Mortgage Solutions filed an action for foreclosure on the grounds that Mr. Smith was the "sole borrower under the note and mortgage," and when he died the mortgage was accelerated. In September of 2013, the trial court entered judgment of foreclosure in favor of Reverse Mortgage Solutions.

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What Reverse Mortgage Firms Can Learn from Florida Case Judgment. By Chris Clow | January 27, 2019 June 11, 2019. A recent reverse mortgage court decision in Florida could have an impact on loans in other states. The court’s determination that a loan can be called due and payable at the.

What Reverse Mortgage Firms Can Learn from Florida Case Judgment – Reverse Mortgage Solutions, Inc., the court ultimately decided in. "The best strategy is to proactively manage foreclosures so that the statute is not in danger of expiration and develop servicing.

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The Florida Third District Court of Appeal recently reversed a judgment foreclosing a reverse mortgage, holding that the surviving spouse was a "borrower" under the terms of the mortgage, and.