Episode Summary: In this episode of Stolen, Attorney Chad Brown explains how mortgages are affected when the government takes private property through eminent domain. He breaks down how loans, security interests, and compensation interact during partial or full takings — and what homeowners should do to protect themselves. From understanding bank rights to managing payouts, Chad provides clear guidance on how to handle mortgage-related issues in condemnation cases.

Key Timestamps: 00:00 – Overview of the topic: how eminent domain impacts residential mortgages. 01:30 – Explanation of mortgage structure, liens, and how banks secure their interests. 03:00 – Discussion of each party’s rights and obligations in mortgage agreements. 05:30 – How banks protect their loans and what “collateral” means for property owners. 08:00 – Why a mortgage doesn’t change your property’s valuation in condemnation cases. 10:00 – How losing part of your property affects the mortgage and the bank’s security interest. 12:30 – When and why banks may require a portion of eminent domain settlements to pay down loans. 15:00 – How lenders determine risk after a taking reduces property value. 17:00 – How to handle payouts, documentation, and communication with your lender. 19:00 – Options for restructuring loans after a property loss or partial payment. 21:30 – What homeowners can access if their property is fully taken and paid off by compensation. 23:00 – Why early communication with banks and attorneys is key in eminent domain cases.

About the Show: Stolen is the world’s leading eminent domain podcast hosted by Attorney Chad Brown. The show educates property owners on their rights when the government or utility companies take — or damage — private property. Each episode simplifies complex legal issues to help owners protect what’s theirs and secure the compensation they deserve.