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: 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?