Tommy bought a house that costs $$551,000$ by taking a mortgage with $93\%$ loan$-$to$-$value from Ciri bank.

Ciri bank requires Tommy to purchase private mortgage insurance $($PMI$)$ for the proportion of the loan over $70\%$ LTV$.$

$10$ years later, Tommy defaulted strategically because the house was flooded. The remaining balance of the mortgage at default was $$365,000$ and the property was sold for $$125,000$ in foreclosure auction.

Ciri bank's recovery rate for this mortgage was $\_\_\_\_\_\_\_\%$