Practice Tools

This is a sample notice of error and request for information (pursuant to RESPA regulations).  The notice alleges that the reverse mortgage lender is foreclosing on the house even though it agreed to a repayment plan to pay back property charges and has accepted repayment plan payments.  The lender also keeps paying property taxes before they are delinquent. The homeowner also requests information regarding repayment agreements, documents from the prior servicer, payment history, communications, the servicing file and logs, and other information.

This is a sample notice of error and request for information (pursuant to RESPA regulations).  The notice alleges that the reverse mortgage lender improperly told the homeowner she violated her repayment plan based on her even though they were not delinquent or in violation of the plan.   The homeowner also requests information regarding repayment agreements, documents from the prior servicer, payment history, communications, the servicing file and logs, and other information.

This is a sample notice of error and request for information (pursuant to RESPA regulations).  The notice alleges that the reverse mortgage lender improperly denied the homeowner a repayment plan. It miscalculated surplus income and wrongly claimed that HUD only allows a repayment plan payment amount between 25% and 55% of surplus income.

This is a sample notice of error and request for information (pursuant to RESPA regulations).  The homeowner with a reverse mortgage executed a deed-in-lieu of foreclosure but the lender is still foreclosing on the home. The homeowner also requests information regarding the deed-in-lieu, appraisals, communications, and other items.

This is a sample notice of error and request for information (pursuant to RESPA regulations).  The homeowner with a reverse mortgage agreed to an installment payment agreement to catch up on back-due property taxes but the lender rejected the homeowner’s payments.  The notice also requests a waiver to allow a new repayment plan and requests information about the mortgage and repayment plan.

This is a notice of error and a request for information, pursuant to RESPA, concerning the homeowner’s request for an at risk exemption from a reverse mortgage foreclosure.  Errors include in requiring the homeowner to be conserved in order to renew her At-Risk Extension and avoid foreclosure and in refusing to recognize the homeowner’s durable power-of attorney.  The letter also requests information from the lender relevant to the request of ran at risk exemption.

This is a sample letter to the homeowner’s doctor asking for a medical opinion relevant to preventing foreclosure of a reverse mortgage.  The homeowner may be eligible for an “At Risk Exemption” from HUD for homeowners ages 80+ with “substantiated long-term physical disability.” To qualify for an At Risk Extension it is necessary to have a signed doctor’s letter regarding the client’s condition.

This is a sample request that the lender submit to HUD an at-risk extension and refrain from a foreclosure on a reverse mortgage (as permitted by FHA Mortgagee Letter 15-11), based on the homeowner’s medical condition.   This HUD exemption from foreclosure applies for homeowners ages 80+ with “substantiated long-term physical disability.”

This is a sample letter asking for an At Risk Extension on a reverse mortgage based on a long term physical disability.  This can prevent foreclosure for homeowners ages 80+ with “substantiated long-term physical disability.”

This questionnaire is found at the online version of this appendix as a PDF file. In addition, the online version of this treatise under “Practice Tools” contains the questionnaire in Microsoft Word format both in English and Spanish. Use the PDF file if you wish to reprint the questionnaire in English, and the Word format if you want to edit the document using your word-processing program or to print the Spanish version. Unfortunately, the Spanish version has not been updated in a number of years and the English version is more current.