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Philadelphia Law Would Crack Down on Reverse Mortgage Foreclosures 

Feb 26, 2018By

A new bill before the Philadelphia city council would close a loophole that its author says unfairly targets reverse mortgage borrowers. The proposed legislation, introduced by Councilwoman Cherelle Parker, would prevent reverse mortgage lenders from foreclosing upon homes whose owners have entered into payment plans for back property taxes. “I know all too well the […]