After a disaster your insurance may be used by your lender to pay off your mortgage forcible or compulsory.
How to navigate a Forced Mortgage Payoff by your mortgage lender. When your insurance payout is taken by your lender to payoff your mortgage it's to protect the lender from default, property change of ownership.
By Murray Wennerlund published 5-18-2022 updated 5-29-2022
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