Real Estate Principles 3rd Edition by David Ling,Wayne Archer

Exercise 3

Ways that a lender may respond to a defaulted loan without resorting to foreclosure include all of the following except:
A) Offer credit counseling.
B) Arrange sale to a third party.
C) Defer or forgive some of the past-due payments.
D) Accelerate the debt.
E) Accept a deed in lieu of foreclosure.