Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Deed-in-lieu Deed-in-lieu November 9, 2021 A process that allows a borrower to transfer the ownership of a property to the lender in order to avoid loss of the property through foreclosure.You Might Also Like: Living QuartersFirst-Time Homebuyer’s Playbook: 4 Steps to a Successful Offer Everyday MoneyBank Holidays: Understanding Their Impact on Deposits and Transactions Living QuartersMortgage Lending for Veterans at Bank Five Nine All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work?
