Earlier this year, Aron Ezilla Ridge was in danger of losing her modest East Austin home. She didn’t understand the terms of her reverse mortgage agreement in 2007 that required her to continue making insurance payments. The mortgage company, which paid the insurance premiums amounting to $2,500 over four years, filed a suit to foreclose.
It’s all fixed now, and Ridge, now 75 and with serious health problems, can live out her days in the home she’s owned for more than 30 years. Austin attorney Brian Thompson of the McGinnis Lochridge and Kilgore firm that represents the James B. Nutter mortgage firm in Kansas City, said an agreement was reached. “We are happy to say that Miss Ridge can stay in her house as long as she wants,” Thompson said. Thompson worked with Austin attorney Nan Hazel of the George Brothers Kincaid and Horton firm that represented Ridge for free.
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