Repossession: Difference between revisions
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imported>Doug Williamson (Create page. Sources: linked pages.) |
imported>Doug Williamson (Note that foreclosure is undertaken by the lender.) |
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''Secured lending'' | ''Secured lending'' | ||
In residential mortgage lending, 'repossession' is a colloquial term meaning foreclosure. | In residential mortgage lending, 'repossession' is a colloquial term meaning foreclosure by the lender. | ||
Revision as of 06:42, 22 August 2017
Secured lending
In residential mortgage lending, 'repossession' is a colloquial term meaning foreclosure by the lender.