Ron defaults on his mortgage from Acting Bank.Acting Bank proceeds to foreclosure.There is no court supervision of the foreclosure process.This is

Name: Ron defaults on his mortgage from Acting Bank.Acting Bank proceeds to foreclosure.There is no court supervision of the foreclosure process.This is
Brand: Quizplus
Rating: 4.8 (57 reviews)

Question

Quizplus · Accepted Answer

The absence of court supervision indicates that this is a power of sale foreclosure, where the lender conducts the foreclosure sale without court involvement.

Ron Defaults on His Mortgage from Acting Bank