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When Faced with a Mortgagor's Default,a Mortgagee Has Options Available

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When faced with a mortgagor's default,a mortgagee has options available to collect on the outstanding mortgage indebtedness.Briefly describe the options available to a mortgagee and what factors may influence a mortgagee's decision on how to proceed.

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When a mortgagor defaults,the most signi...

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