[1] See Reverse Mortgage Solutions, Inc. v. United States, 365 F.Supp.3d 931, 936 (N.D. Ill. 2019).

[2] Id.

[3] See Id.

[4] See Id.

[5] See 24 C.F.R. § 206.125(a)(2) (2022).

[6] See 24 C.F.R. § 206.3 (2022).

[7] 24 C.F.R. § 206.55(c)(1)(i) (2022).

[8] 24 C.F.R. § 206.55(c)(1)(ii) (2022).

[9] 24 C.F.R. § 206.55(c)(1)(iii) (2022); for applicable definition of “principal residence,” see 24 C.F.R. § 206.3 (2022).

[10] 24 C.F.R. § 206.55(c)(1)(iv) (2022).

[11] 24 C.F. R. § 206.55(d) (2022).

[12] 24 C.F.R. § 206.27(b)(8) (2022) (“The mortgagee shall enforce the debt only through sale of the property”).

[13] See 24 C.F.R. § 206.125(a)(2) (2022).

[14] See, e.g., Fla. Stat. § 45.033 (2022).

[15] See 24 C.F.R. § 206.125(a) (2022) (indicating that when the balance becomes due and payable the borrower’s estate or heirs are to be notified of the due and payable balance); see also 24 C.F.R. § 206.27(c)(1) (2022) (indicating that the outstanding loan balance becomes due and payable upon the death of the borrower).

[16] See 24 C.F.R. § 206.125(a)(2) (2022).

[17] See 24 C.F.R. § 206.55(a) (2022) (establishing that the balance does not become due and payable during an eligible non-borrowing spouse’s deferral period); see also 24 C.F.R. § 206.55(c)(1) (2022) (establishing that a non-borrowing spouse is eligible for a deferral if they occupy the home as their principal residence).

[18] 37 Fla. Jur 2d Mortgages, Etc. § 370.

[19] 24 C.F.R. § 206.27(b)(8) (2022).

[20] See Fla. Stat. § 45.032 (2022).

[21] Fla. Stat. § 45.032(2) (2022) (“There is established a rebuttable legal presumption that the owner of record on the date of the filing of a lis pendens is the person entitled to surplus funds . . .”).

[22] Fla. Stat. § 45.032(1)(a) (2022) (“’Owner of record’ means the person or persons who appear to be owners of the property that is the subject of the foreclosure proceeding on the date of the filing of the lis pendens. In determining an owner of record, a person . . . may rely on the plaintiff’s allegation of ownership. . . ”).

[23] In re D’Alessio, 587 B.R. 211, 218 (Bankr. D. Mass. 2018) (finding that federal regulations only specify when a reverse mortgage may be insured by HUD and do not directly regulate mortgages).

[24] See 24 C.F.R. § 206.27 (2022) (laying out the required provisions for a reverse mortgage agreement).

[25] See 24 C.F.R. § 206.37 (2022).

[26] See 24 C.F.R. § 206.41 (2022).

[27] 24 C.F.R. § 206.41(a) (2022) (“The borrower, any Eligible or Ineligible Non-Borrowing Spouse, and any non-borrowing owner must receive counseling”).