He took all the money. Exactly 1 month after signing a REVERSE MORTGAGE contract, my grandmother was hospitalized and diagnosed with Dementia. And is now in a ling term care facility. She willed her home to me, her only grandchild the home.(that had NO mort.) He was bankrupt and his home was in foreclosure. One lump some of money PLUS a $10,000 line of credit he took all at once. Lost it all, including HIS home. Now, Im stuck with a hefty loan that grows FAST each month. Also, IF the home ISNT my grandmas PRIMARY RES. the loan is Default, and DUE! Its not My loan, and she has NO CLUE as to the facts of whats happened. She thinks Im in the home I always wanted, hers, and ALL IS WELL .