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What causes a mortgage foreclosure?

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What causes a mortgage foreclosure?

asked Oct 6, 2019 177k views

5 votes

What causes a mortgage foreclosure?

Business
college

Gaurang S asked

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2 Answers

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Foreclosure occurs when the borrower is no longer making the mortgage loan payments on time and in full.

Dmitry Fadeev answered Oct 9, 2019

by Dmitry Fadeev

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A mortgage foreclosure happens when a company doesn't pay its montage on time.

A mortgage foreclosure is caused by repeated failure to pay or modify a mortgage.

Foreclosure is a legal process that goes through the courts.

Smagnan answered Oct 13, 2019

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