In that case the lender gets the property and can sell it to recoup their investment.

The nondeposit lenders sell the mortgage loans they make.

The lender will sell the seized assets, including the asset acquired through the original loan.

But that approach can be impossible if your original lender sold your loan to a third party.

Last year alone, lenders sold servicing contracts on more than $120 billion in mortgages.

In those cases, the bank or lender ("Mortgagee") sells under the terms of the mortgage.

Students can take out a different loan for each year of school, and lenders often sell those loans on the secondary market.

Banks and other lenders have sold a great deal of their foreclosed land.

In today's world, most lenders sell the loans they write on the secondary mortgage market.

All well managed lenders sell packages of loans, using the proceeds for further lending.