Mortgage Foreclosures 🆕 Complete

The exact process varies significantly by state, but it generally follows these stages: Home Mortgage Foreclosures | Pine Tree Legal Assistance

Mortgage foreclosure is a legal process where a lender attempts to recover the balance of a loan from a borrower who has stopped making payments by forcing the sale of the asset used as collateral for the loan—usually the borrower's home. Because the home serves as collateral, the lender has the legal right to repossess and sell it to cover their losses.