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I see several places online where you can buy this type of insurance in the UK, but none in the US. I see where you can buy insurance policies that pay off the mortgage in case of death, but not in case of layoff. Can anyone help? Thanks.

 

I tried a short sale, but the mortgage companies insurance policy (not PMI) wanted me to sign a note for $ 79,000. I know Connecticut is a non-recourse mortgage state. Can the insurance company come after me if I turn in the keys and let them forclose?

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