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If arrangements to pay the reverse mortgage are not made with your loan servicer, then your loan servicer may proceed with foreclosure between 30 days and six months from when your loan has been called due and payable. If you dont see this message it may have been. A maturity event is any event which may cause your reverse mortgage to be called due and payable.

What recourse is available to those who have been foreclosed upon as a result of the courts reliance on fabricated assignments and affidavits not discovered until after the foreclosure. No, youre not earning interest like you do with a savings account.

Do they collect mortgage insurance to cover losses. These frequently asked questions are arranged in the order in which they occur during the loan origination process.

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