My mother's reverse mortgage is very high ($70,000). My biggest fear is that the mortgage company will foreclose before the home is placed on the market. Presently, she lives alone with three dogs. My stepfather passed two years ago. At times, her dementia is worse than other times; in which I know is possible. My sister is now the POA and she does not have any idea what she is facing. I have already kept the mortgage company from foreclosing, due to the fact, that she did not submit copies of her home owners insurance and property taxes to the mortgage company . My sister feels that she totally understands everything regarding the reverse mortgage and I fear my mother will suffer by losing her home and she will need to be placed in a County home. Could the procceeds be placed into savings?