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Author Question: The legal process whereby the lender can force the sale of real property because the buyer/borrower ... (Read 89 times)

CBme

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The legal process whereby the lender can force the sale of real property because the buyer/borrower has defaulted on the loan by failing to make mortgage payments, is:
 
  a. Adverse possession
  b. Escheat
  c. Cloud on title
  d. Foreclosure

Question 2

Mortgage lenders prefer judicial foreclosures because it is a relatively quick process:
 
  a. True
  b. False



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Anna

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Answer to Question 1

D

Answer to Question 2

B



CBme

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Both answers were spot on, thank you once again




 

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