Lien Foreclosure

A foreclosure lien, or mortgage lien, is a type of legal proceeding initiated by a lender against the borrower (usually the homeowner). A lien would allow the lending institution to obtain legal possession of the person's property.

Foreclosure liens may be common in connection with various types of home foreclosure proceedings. Such liens are also referred to by other names, such as "property liens" or "real estate liens". If the court rather than the bank has initiated the process, the lien will usually be called a "judicial lien".