“ Based on my study, after a in foreclosure process home is offered at an auction, it is common for the borrower to be able to still have a remaining balance on the mortgage loan. There are many loan providers who try to have all expenses and liens paid back by the next buyer. On the other hand, depending on a number of programs, laws, and state legal guidelines there may be many loans that aren't easily settled through the transfer of financial loans. Therefore, the responsibility still remains on the borrower that has got his or her property in foreclosure process. Thanks for sharing your thinking on this web site. ”