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<blockquote data-quote="TexasBred" data-source="post: 992601" data-attributes="member: 6897"><p>So actually the insurance was not enough to clear the entire mortgage. Makes it a bit more clear. And yes insurance claims payments always include the mortgagee on the check. The mortgage co. was simply doing what is normal and legal. Back in those days we were offering big discounts to borrowers to pay off those low interest rate loans.</p></blockquote><p></p>
[QUOTE="TexasBred, post: 992601, member: 6897"] So actually the insurance was not enough to clear the entire mortgage. Makes it a bit more clear. And yes insurance claims payments always include the mortgagee on the check. The mortgage co. was simply doing what is normal and legal. Back in those days we were offering big discounts to borrowers to pay off those low interest rate loans. [/QUOTE]
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