Legal process by which a mortgagor of real property is deprived of his interest in that property due to failure to comply with terms and
conditions of the mortgage.
Thank you thank you, thank you. You saved our project and our
sanity. We stood to lose a $925,000 deposit. You not only saved it for us, but enabled us to
move forward, complete the project, and make a profit - and in this market, that's really
saying a lot. You have our loyalty from here on.