tylerswcarson20
tylerswcarson20 tylerswcarson20
  • 01-05-2018
  • Business
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failure to pay on a mortgage is called

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luckydiamond205
luckydiamond205 luckydiamond205
  • 01-05-2018
The failure to pay on a mortgage is default. Basically, the default is the failure to meet legal responsibilities in a contract, including the failure to pay back a loan. A mortgage is considered a default when a payment is late for 30 days or more. 
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idk33347 idk33347
  • 13-03-2020

Answer:

Defualt

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