A statute that prevents a mortgage holder from seeking recovery directly from the borrower any difference in the amount of debt owed and the amount that the property brings at a foreclosure sale is called a(n):

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An antideficiency statute prohibits a mortgage holder from seeking deficiency judgments against a borrower after completion of a foreclosure sale. This means that the lender cannot pursue the borrower for any difference between the amount owed on the mortgage and the amount the property sold for. These statutes are designed to protect homeowners from further financial burden after losing their homes.

A Statute That Prevents a Mortgage Holder from Seeking Recovery