Can the bank legally keep a deceased person on loan contract?


Posted April 27th, 2010 by admin 5 Comments »
bank
j b asked:


My father took out a mortgage on home. He since passed away. My mother is on the loan as well. She is permanatley disabled, losing her home. The question is can she fight for a loan mod due to husband passing away? Is there any wrong doing on behalf of bank? They also sold our loan multiple times to other banks. Please advise.