If an owner of a single-family residence defaults on his mortgage, it can
A) not be foreclosed if an ALTA title insurance policy insured it.
B) be foreclosed on.
C) not be foreclosed on if the mortgage went into effect before 1978.
D) only be foreclosed on if an ALTA title insurance policy insured it.

Question

Quizplus · Accepted Answer

In the event of default the lender can foreclose on the property.

If an Owner of a Single-Family Residence Defaults on His