Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Public Auction Public Auction November 9, 2021 A gathering at a pre-announced public location to sell property to satisfy a mortgage that is in default.You Might Also Like: Everyday MoneySaving for the Holidays: Tips to Start Early Family MattersBack to School Savings: Tips for Stretching Your Budget Everyday MoneyBuilding and Maintaining Financial Health Throughout Your Life Everyday MoneyWhat Is A One-Time Passcode (or verification code) And Why Would Someone Ask Me For It? Living QuartersFirst-Time Homebuyer’s Playbook: 4 Steps to a Successful Offer