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Can a reverse-mortgage lender foreclose without proper notice? | NC

Pierce Law Group

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Q: Can a reverse-mortgage lender foreclose if the family or estate was not properly notified, and is there anything that can be done after the sale? A: A reverse-mortgage lender can foreclose once the loan becomes due, which often happens after the borrower dies—but the foreclosure still has to follow the required notice and hearing process. In a typical power-of-sale foreclosure, the lender or…

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