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Hugh W. Page | Mortgage Lender | Florida | Seacoast Bank Bankr WD mo. rejects 11th Circuit’s Meaning of "Surrender" in 521(a)(2) in Denying Wells Fargo’s Motion to Compel Debtor to Surrender Home – NACBA * = surrender *h = surrender if dealer hits soft 17 (one exception to chart: If double after splits are allowed, don’t surrender.

The Eleventh Circuit recognized that the overarching issue of whether a debtor who agrees to "surrender" his house in bankruptcy may subsequently contest the lender’s foreclosure action required the Court to address the sub-issues of (1) what "surrender" means within the context of Section 521(a)(2) and whether the debtors had.

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Wells Fargo Exits Wholesale Reverse Mortgage Wells Fargo was at one time the largest reverse mortgage lender in the country. It was only a short time later that the company decided to close its reverse mortgage business, leading to an unexpected timeline of events: 2010: wells fargo reaches a staggering 25% market share; 2011: wells fargo decides to exit the reverse mortgage business