Time is Running Out to Apply for Step Forward Funds

The Step Forward Michigan Program was established to help people in Michigan who are having trouble keeping up with their mortgage payments or property taxes. The Step Forward Michigan Program is ending soon! HRCMI, a program of Elder Law of Michigan, Inc., has helped Michigan homeowners apply for and receive over a million dollars in Step Forward funds. Now is the time to act before this … Continue reading Time is Running Out to Apply for Step Forward Funds

Katie Burns, J.D.

Employee of the Month: Katie Burns

by Sandra Wisnewski, J.D., Director of the Legal Services This month, Attorney Katie Burns has been selected as Elder Law of Michigan’s (ELM) employee of the month! In 2014, Katie became a full-time employee in the Housing Rights Center of Michigan, a program of Elder Law of Michigan. Previously she participated in the Americorps program, helping to establish HRCMI. HRCMI is one of the newest programs of ELM. … Continue reading Employee of the Month: Katie Burns

Andrew Jameson at en.wikipedia [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], via Wikimedia Commons

ELM co-sponsors Senior Independence Benefits Fair in Detroit

On September 15, 2015, hundreds of seniors attended the Senior Independence Benefits Fair held at the Sacred Heart Major Seminary in Detroit, MI (pictured above).  The event was co-sponsored by Elder Law of Michigan, Inc. (ELM), Detroit Area Agency on Aging, the National Council on Aging, the Southeast Michigan Senior Regional Collaborative, and the Center for Financial Health. Speakers presented on a wide range of topics including: … Continue reading ELM co-sponsors Senior Independence Benefits Fair in Detroit

Mrs. Sylvia Scales

Client Letter – HRCMI Made My Dream Come True

Elder Law of Michigan recently received a letter from Mrs. Sylvia Scales, a client who received assistance with her Step Forward Application from the Housing Rights Center of Michigan (HRCMI), a program of ELM. With the funds provided by Step Forward, Mrs. Scales was able to catch up on her taxes, preventing foreclosure on her home. Mrs. Scales asked that we share what she had to say … Continue reading Client Letter – HRCMI Made My Dream Come True

Woman smiling while holding a coffee cup

Reverse Mortgage Update: HUD Throws a Lifeline to Surviving Non-Borrowing Spouses

Via the National Consumer Law Center, The U.S. Department of Housing and Urban Development (HUD)’s newly revised policy provides spouses of reverse mortgage borrowers with the most workable option to date to prevent surviving spouses’ evictions and homes from foreclosures. HUD’s Mortgagee Letter 2015-15 affirms that reverse mortgage lenders now have the option to assign a loan to HUD if there is a surviving spouse living … Continue reading Reverse Mortgage Update: HUD Throws a Lifeline to Surviving Non-Borrowing Spouses

Loving, handsome senior couple relaxing in the park

A Step Forward Michigan Success Story: Ruby and Daniel

by Katie Burns, J.D., Attorney, Housing Counselor, and HUD Certified Reverse Mortgage Counselor To protect client confidentiality, all names have been changed in this post. Lifelong Detroit residents Ruby and Daniel, both turning 78 this summer, have been married for over 40 years. They purchased their home in 1977, after some medical issues forced Daniel to stop working for General Motors. He had a brain … Continue reading A Step Forward Michigan Success Story: Ruby and Daniel

House on bird's nest

Home Equity Conversion Mortgage Pros and Cons

by Katie Burns, J.D., Attorney, Housing Counselor, & HUD Certified Reverse Mortgage Counselor Homeowners age 62 and older qualify for a reverse mortgage. A reverse mortgage is a loan that converts existing home equity into tax-free cash. Unlike a regular or ‘forward’ mortgage, however, there are no monthly payments required. In fact, depending on the type of payment plan selected, a reverse mortgage may actually … Continue reading Home Equity Conversion Mortgage Pros and Cons