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Message: <blockquote data-quote="Glocktogo" data-source="post: 1328310" data-attributes="member: 1132">What does the government have to do with it? Do they sell RM's? Do they fix the pricing and fees? Seems like a dodge to deflect from the real answer, which is that the sellers of RM's get a higher profit margin than lenders on regular mortgages are allowed. So on an RM where you still owe, they pay off your debt and give you $$$ up front. When to they get to repossess your home? Is it contractually specified? If you live beyond that date, you get to move out and if your cost of living has eaten up that $25K, now you're homeless and destitute? Wow, sounds like a fantastic deal, where do I sign up? <img src="/images/smilies/frown.png"  class="smilie" loading="lazy" alt=":(" title="Frown    :(" data-shortname=":(" /></blockquote>