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Insurance covered the rebuild of her house after a fire. Why didn’t the bank release the money on time?

Georgetown, Ont., property owner Antonina Gladkova is warning others to pay attention to their mortgage agreements after her lender didn't dole out insurance payments on pace with her contractor's invoices, leaving her on the hook to cover costly shortfalls to rebuild her property after a fire.

Insurance covered the rebuild of her house after a fire. Why didn’t the bank release the money on time?

We haven't written up this one. CBC Canada has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at cbc.ca →

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