I received insurance checks and was able to deposit them without my mortgage company endorsing them (they’re listed as a payee). Do I need to tell them?

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My thought is that it’s too late so 🤷‍♂️, but I wanted to know if anyone else was in this situation before. Also, FWIW, it’s for a HELOC and not the initial mortgage.

Did the house burn down or was it otherwise uninhabitable due to the loss?

As long as there was no reason for the mtg company to be paid as part of the claim, it seems fine. If the mortgage company somehow took a loss or if you are going to stop making mtg payments because of the loss then I see why they were included as a payee. But if you keep making your payments then they won’t every know.

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