To buy a house, Abby obtains a mortgage loan with Beneficial Bank. Later, Abby misses six payments on the loan. To initiate a foreclosure, the bank must

Name: To buy a house, Abby obtains a mortgage loan with Beneficial Bank. Later, Abby misses six payments on the loan. To initiate a foreclosure, the bank must
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The bank must record a notice of default to initiate the foreclosure process, which is the first step in notifying the borrower of their default and the bank's intent to foreclose.

To Buy a House, Abby Obtains a Mortgage Loan with Beneficial