________ is the method by which the rights of the property owner are cut off so that the lienholder can realize her security interest.

A) Reimbursement
B) Garnishment
C) Foreclosure
D) Subrogation

Foreclosure

The legal process by which a lender takes control of a property when the borrower fails to make mortgage payments.

Lienholder

A person or entity that has a legal right or claim on another's property until a debt or duty owed by the property owner is satisfied.

Security Interest

A legal claim or lien on collateral that secures the performance of an obligation, typically repayment of a debt.