A Mortgagee Rarely Takes Possession of the Property Upon Default

Multiple Choice

A mortgagee rarely takes possession of the property upon default.It usually waits until a final order of foreclosure has been obtained.The main reasons for a mortgagee not going into possession include all of the following EXCEPT

A) it generally wants its money rather than the mortgagor's property.
B) it would prefer to encourage the mortgagor to pay off the debt.
C) its possession would remain uncertain since the mortgagor might at any moment tender payment,redeem his interest and demand possession.
D) it must account for any benefit it receives from the occupation of the land and deduct it from the amount owing if the mortgagor ultimately tenders payment.
E) it gives up any rights it may have to obtain a final order of foreclosure.