The process by which a lender seizes collateral, in real estate usually a piece of physical property, on a loan as a result of nonpayment.

Kiavi Closes $400 Million Rated Securitization of Residential Transition Loans, Locking in up to $1.3 Billion of Funding Capacity
Tech-enabled lender’s fifth rated securitization was 5X oversubscribed due to significant demand...
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