In a friendly foreclosure,the property is conveyed to the lender in satisfaction of the mortgage.
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Q20: Lenders may advertise a loan as a
Q21: An acceleration clause allows the lender to
Q22: If a borrower does not pay a
Q23: In a judicial foreclosure,a court supervises the
Q24: Wilson has an adjustable-rate mortgage.The rate of
Q26: If equity remains after a foreclosed property
Q27: A notice of sale is usually published
Q28: Judicial foreclosure is available in all states.
Q29: Sara has a fixed-rate mortgage.The index rate
Q30: A power of sale foreclosure is supervised
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