Attorney Published Article
Navigating Hazard Insurance Proceeds: Lender Rights in Reverse Mortgage Foreclosures
March 14, 2024
Read Time: in minsIn July 2023, the Appellate Court of Maryland held, as a matter of first impression, that a reverse mortgage foreclosure sale did not extinguish a servicer’s right to insurance proceeds. The decision came in the case of Celink v. Estate of William R. Pyle.