My friend rented her apartment, but did not have to know in order to inform the mortgage company. But mortgage companies found that out. What will happen?

This is not what is probably – I do not want to scare-Monger – but what could happen in the worst case.

Mortgage lender repossess the property.

Then eviction of tenants.

Resident owners continue to breach of contract and / or illegal eviction.

By the way, a “friend” uses regular insurance? If so, these premiums were a waste of money because it is invalid if the owner does not live there.

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