: an act or occasion of foreclosing exclusively : a legal continuing that bars or extinguishes a mortgagor's suitable of redeeming a mortgaged estate Discover of default (NOD). Depending on state regulation, a nonjudicial foreclosure commences every time a observe of default is recorded in the county Business. The NOD https://charlieunlfl.amoblog.com/the-foreclosure-statement-diaries-41202193