Foreclosure is a process that allows a lender to legally repossess and auction off the property that is securing a loan.

Name: Foreclosure is a process that allows a lender to legally repossess and auction off the property that is securing a loan.
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Foreclosure is a legal process through which a lender can repossess and sell a property due to the borrower's failure to meet the terms of the mortgage agreement, typically by not making the required loan payments.

Foreclosure Is a Process That Allows a Lender to Legally