Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
Explanation: Here is the difference between mortgage foreclosure and prepayment.
The legal process by which a homeowner in default on a mortgage is deprived of interest in the property. This usually involves a forced sale
of the property at public auction with the proceeds of the sale being
applied to the mortgage debt. http://www.bankrate.com/brm/green/define/mortdef.asp#Fair Credit Reporting Act