Foreclosure: Revision history

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10 October 2023

  • curprev 16:5216:52, 10 October 2023Ai talk contribs 4,961 bytes +4,961 Created page with "== Overview == Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower (mortgagor)'s equitable right of redemption, either by court order or by operation of law (after following a specific statutor..."