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Business, 28.05.2021 04:20 maciemarklin3522

The mortgagee foreclosed on a property after the borrower defaulted on the loan payments. The unpaid balance of the loan at the time of the foreclosure sale was $140,000, but at the foreclosure sale, the house sold for only $129,000. If permitted by state law, what must the lender do to recover the $11,000 the borrower still owes

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The mortgagee foreclosed on a property after the borrower defaulted on the loan payments. The unpaid...
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