In the case of ________,after the foreclosure,the proceeds of the sale are applied to the payment of the mortgage debt,and any surplus is paid over to the mortgagor.
A)strict foreclosure
B)foreclosure by action and sale
C)accommodative foreclosure
D)foreclosure by redemption

Question

Quizplus · Accepted Answer

In the case of foreclosure by action and sale,after the foreclosure,the proceeds of the sale are applied to the payment of the mortgage debt,and any surplus is paid over to the mortgagor.

In the Case of ________,After the Foreclosure,the Proceeds of the Sale