A Virginia homeowner almost lost her home a few years after getting a reverse mortgage because she defaulted on the homeowner’s insurance.
Becky Williams and her two young sons live with the Manassas homeowner, where Williams serves as the homeowner’s caregiver and power of attorney.
A few years ago, the homeowner did a reverse mortgage. Williams, who takes care of the bills, thought everything was going OK until she received a foreclosure notice in the mail.
Source: Virginia Woman Almost Loses Home After Reverse Mortgage | NBC4 Washington http://www.nbcwashington.com/news/local/Virginia-Woman-Almost-Loses-Home-After-Reverse-Mortgage-412960353.html#ixzz4Y8au3B2y© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.