Mortgage Default 发表评论(0) 编辑词条

After theloan has been in delinquency for awhile without having received any payments, it will be considered defaulted. Depending on the lender's policies, it could be anywhere from 60-150 days before the mortgage takes the transition from delinquency to default. At this point, the lender has the right of foreclosure if he still does not receive the payment.