To bring mortgage payments up-to-date after the lender has begun default proceedings. Once a borrower (or other lien holder)' REDEEM's, the mortgage is back in good standing and the relationship continues as before the default.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). redeem. Retrieved September 20, 2026, from http://smartdefine.org/redeem/definitions/1161969 |
| Chicago | Barry Goldsmith. 2010. "redeem" http://smartdefine.org/redeem/definitions/1161969 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, redeem, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/redeem/definitions/1161969>. |
| MLA | Barry Goldsmith. "redeem" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/redeem/definitions/1161969> |