Advocates for the elderly persuaded federal housing officials two years ago to offer more rights and protections to the spouse of a borrower who takes out a reverse mortgage and later dies. Now there is concern that a small wording change in the Trump administration's proposed budget request for the Department of Housing and Urban Development could undo some of those protections – potentially increasing the chances that a surviving spouse who did not sign the mortgage documents could lose a home in a foreclosure .

Foreclosure News

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