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01-05-2018
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failure to pay on a mortgage is called

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luckydiamond205 luckydiamond205

01-05-2018

The failure to pay on a mortgage is default. Basically, the default is the failure to meet legal responsibilities in a contract, including the failure to pay back a loan. A mortgage is considered a default when a payment is late for 30 days or more.

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13-03-2020

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Defualt

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