Trujillo Alto · Round Hills

This is a foreclosure of a reverse mortgage originated by HUD in 2010, now held by GITSIT Solutions as trustee of GV Trust 2025-1. The borrower, Carmen A. Arias, has passed away, and the estate includes two named heirs plus unknown parties. The balance owed is $314,112.12 in principal plus accrued interest at 5.56% since May 2023, plus late fees and $31,500 in attorney fees. The reverse mortgage note states the borrower has no personal liability; the lender may only collect by selling the property. The loan became due because the borrower died and the property ceased being the principal residence of a surviving borrower. A second mortgage to HUD was also recorded to secure future payments. The property is a single-family concrete residence on a 426.57 m² lot in the Round Hills development. Investors should confirm title, verify no occupancy or estate claims, and understand that this is a non-recourse loan with special HUD reverse mortgage terms.