How long does it take for the bank to take over a home due to defaulted mortgage payments?

Question Details:

I am living in my mother's home for the last 2 months. My older sister lived in it before me for at least for 16 or 17 years. The home is paid off but my sister has taken a $50,000loan on it whether it be a personal loan or she used it as collateral. I have looked into seeing a realtor and she informed me that on the deed my mother is on it alone. My sister claims that she took the loan out and is not willing to pay it back and I am informed that she still owes $24,0000. She does not want to continue to pay on the loan. I am aware that she has not paid it since last month. How long does it take for the bank to do something about it? I do not want to be in the home and someone/bank comes and lock me out of the home.

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