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Mealey's Elder Law - Magistrate Recommends Denying Dismissal Of Class Action Over Reverse Mortgages

NEW YORK - A federal magistrate judge on Feb. 5 recommended denying dismissal of a class action suit brought by an elderly woman who claims that the holder of a reverse mortgage prematurely paid property taxes on her home, finding that she sufficiently alleged that she suffered an injury as a result of the defendants' conduct (Margaret Shakespeare v. Live Well Financial Inc., et al., No. CV 18-7299, E.D. N.Y., 2020 U.S. 21714).
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