Kirki Lightbourne obtained a mortgage from CIBC FirstCaribbean (Bahamas) Limited (FCIB) on May 1, 2009, the principal amount of $690,000 at 7.25% interest for a thirty year term, for the purchase of 3,500 square feet home in Northern Westridge. At the time, Kirki had been running a successful liquor retail business for more than three years. Kirki had made his mortgage payments faithfully and consistently until June 30, 2021, the month he started having hard times in his business.

(1) What legal remedies (upon what bases) are available to FCIB; and how can these legal remedies be exercised?

(2) Are there any provisions of the Homeowner Protection Bill that FCIB should be aware of before exercising any remedies?