Browsing All Posts filed under »Elderly«

Senior Homes Risking Foreclosure

November 8, 2011

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Sunrise Senior Living is a great establishment. It is strictly private-pay, but allows dignity and movement for its residents. However, as a profit-driven company, the vicissitudes of the marketplace are not kept from its doors. Specifically, there is a recent push to lower overhead and to modify mortgage loans. Not in a bad way, just […]

Seal Beach Man Targets Elderly in Foreclosure Fraud Scheme

August 31, 2011

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There’s more than one way to steal someone’s money in foreclosure fraud. John Wesley Martynec told elderly investors that he was running a foreclosure purchase business where foreclosed homes would be bought, fixed up and sold at a profit. “After an eight-month investigation, police arrested John Wesley Martynec, 35, on 34 counts of fraud and […]

SWAT Team Evicts Widowed Grandmother; Bank Wouldn’t Take Her Payments After Husband’s Death

April 7, 2011

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Six people were arrested at the home of elderly widow because they would not step aside as law enforcement evicted her from her home. The house was in her late husband’s name and Bank of America would not accept payments from her. That led to foreclosure. See article here.

AARP Sues HUD Over Change in Reverse Mortgage Rule

March 9, 2011

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Before 2008, HUD had a rule in place that protected a surviving spouse from foreclosure and eviction. That rule was that the homeowner could never owe more than the house was worth. Today, with that rule gone, a spouse can die and there will be more debt than the house is worth. Then, getting a […]

Ms. Senior DC Contest

March 9, 2011

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MS SENIOR DC PAGEANT 2011 “Aging With Style” MS. SENIOR DISTRICT OF COLUMBIA 2011 Candidate must be a District of Columbia resident age 60 years or older. Each contestant must display a talent presentation. The talent presentation may represent any form of human endeavor– the arts, music, homemaking, literature, etc. Each contestant must present a […]