Foreclosure is an action through which the mortgage holder takes the property from the mortgagor, ends the mortgagor's rights in the property, and sells the property to pay the mortgage debt.

Question

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Foreclosure is a legal process where the lender takes possession of a property due to the borrower's failure to make mortgage payments, ultimately selling the property to recover the owed debt.

Foreclosure Is an Action Through Which the Mortgage Holder Takes