foreclosure
The legal process by which an owner's right to a property is terminated, usually due to default. Typically involves a forced sale of the property at public auction, with the proceeds being applied to the mortgage debt.
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right of redemption
workout arrangement
foreclosure order
security
distressed property
decree of foreclosure and sale
forbearance
right of foreclosure
special lien
open mortgage
non-disturbance agreement
notice of sale
non-performing asset
secured party
banker's lien
certificate of claim
debt restructuring
troubled debt restructuring
secured creditor
deed in lieu of foreclosure
workout arrangement
foreclosure order
security
distressed property
decree of foreclosure and sale
forbearance
right of foreclosure
special lien
open mortgage
non-disturbance agreement
notice of sale
non-performing asset
secured party
banker's lien
certificate of claim
debt restructuring
troubled debt restructuring
secured creditor
deed in lieu of foreclosure
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