Jacob Inwald

Jacob Inwald of Legal Services NYC writes: Important changes governing pre-foreclosure notices and settlement conferences for reverse mortgages were signed into law on April 20, 2017, requiring 90-day pre-foreclosure notices in all reverse mortgage foreclosures and requiring settlement conferences in many reverse mortgage cases. Foreclosure News

Jacob Inwald

Jacob Inwald discusses amendments to the foreclosure conference process enacted in the waning hours of the 2016 session that fill many of the gaps that the original legislation left open, so there is now hope that the settlement conference law will be more rigorously implemented in all jurisdictions, with uniform consequences to deter its violation, […]