HUD
Imagine that you've been living for a decade in an apartment building for seniors. You've settled in, made friends and think of it as home.
At the time AARP took up their cause, Robert Bennett of Annapolis, Md., and Leila Joseph of Brooklyn, N.Y., had several things in common. They were older Americans. They were widowed. They were homeowners. And they both faced foreclosure and eviction on reverse mortgage loans.
You probably know that AARP represents the interests of older Americans. But did you know that it's actually out there in court, making sure that the rights of people 50+ are not violated?
El Departamento Federal de Vivienda y Desarrollo Urbano (HUD, en inglés) anunció cambios que van a afectar a las personas mayores que buscan conseguir una hipoteca revertida del programa Home Equity Conversion (HECM, en inglés).