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To buy a ranch house, Frieda obtains a mortgage loan from Grove Loans LLC . Later, Frieda informs Grove that she may default on the

To buy a ranch house, Frieda obtains a mortgage loan from Grove Loans LLC

.

Later, Frieda informs Grove that she may default on the paym The lender agrees to delay taking possession of the property and selling it

.

The parties negotiate a payment plan for the amount due on the lo This is

forbearance.

a short sale.

a workout agreement.

a foreclosure.

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