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Mortgage Deficiency Balances after Foreclosure #3000
Generally, when the proceeds of a foreclosure sale resulting from a mortgage default are less than the actual amount owed on the mortgage, the result is a mortgage deficiency balance. A number of states have statutes in place that are designed to protect a consumer who purchased residential real...
2019-01-14
- /assets/searchpoint/3000mortgagedeficiencybalance.pdf
Mortgages
SearchPoint
State
50-State Survey
