Posted by WDMD on 6/25/08 6:36am Msg #252850
Cancellation Policy
It sure would be nice if a title company has a no pay policy because of a cancellation that they would at least have the courtesy to tell you about the cancellation instead of letting you hang believing you are going to get paid.
I was aware of the no pay policy, figured not many reverse mortgages are not going to fund. Turns out, this one didn't fund because the POA got busted for alleged elder abuse and the lender found out before funding, then refused to fund.
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