The period of delinquency allowed before a lender begins foreclosure proceedings is determined by statute. the secondary mortgage market. investors. the lender.

The lender

Explanation: Foreclosure proceeding involves the steps a lender takes in the process of seizing or selling a property in a bid to recover the payment or amount owed by a loan defaulter. The foreclosure proceeding involves different processes and will only begin when the mortgage is delinquent. Delinquency due to failure to make an agreed payment on a mortgage. This period is usually determined by the lender and the foreclosure proceeding will begin if the payment is not made before the period.

(75years ,i believe is the correct answer.good luck

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