asked 141k views
0 votes
Define foreclosure economics.​

1 Answer

6 votes

Answer:

Foreclosure is the legal process by which a lender attempts to recover the amount owed on a defaulted loan by taking ownership of and selling the mortgaged property

answered
User Bernard Borg
by
8.5k points

Related questions

asked Mar 23, 2022 46.7k views
Marlana asked Mar 23, 2022
by Marlana
7.6k points
1 answer
2 votes
46.7k views
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.