Question

Funds remaining after all liens had been paid following a foreclosure sale belong to the

A. Sheriff of the county in which the property is located
B. Clerk of the Circuit Court
C. Mortgagor
D. Mortgagee

Answer 1

The funds remaining after a foreclosure sale belong to the Mortgagor.

Step-by-step explanation:

The funds remaining after all liens have been paid following a foreclosure sale belong to the Mortgagor, which is the borrower who defaulted on the mortgage.