Reverse Mortgage Solutions, Inc. v. Goldwyn

Leben, J.:

*619 *130 Paula Goldwyn appeals the confirmation of the foreclosure sale of a house she had inherited from her mother. Resolution of some issues she raises may be instructive to Kansas citizens and lawyers because of the context in which this case arises-the use of what's known as a reverse mortgage.

Goldwyn's mother, Bernice Enlow, took out the reverse mortgage for $262,500 in 2007 from Urban Financial Group. Using her home as collateral, the reverse mortgage gave her the ability to take loans-up to $262,500-from Urban Financial Group. And unlike traditional real-estate loans secured by a…