Foreclosure

A legal process in which mortgaged property is sold to pay the loan of the defaulting borrower.

Source: U.S. Department of Housing and Urban Development

A court proceeding upon default in a mortgage to vest title in the mortgagee.

Source: U.S. Courts

Last updated April 2018

Resuming In-person Law School Instruction in the Face of the Delta COVID-19 Variant

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