In a foreclosure process, what does the lender seek to recover?

In a foreclosure process, the lender primarily seeks to recover losses incurred due to the borrower's inability to meet their mortgage obligations. When a borrower defaults on a loan, the lender faces a financial setback as they are not receiving the expected mortgage payments. By initiating a foreclosure, the lender aims to reclaim the property and sell it to minimize their losses and recover the amount they lent, along with any accrued costs associated with the default.

The other options, such as property appreciation, loan interest rates, or market share, do not align with the lender's primary objective in a foreclosure situation. Property appreciation refers to an increase in property value, which is not something the lender is concerned about during foreclosure since they are focused on directly addressing the financial loss caused by the defaulted loan. Loan interest rates pertain to the terms of the mortgage agreement and are not factors the lender can recover after a foreclosure occurs. Market share relates to the lender's competitive positioning in the mortgage industry rather than their immediate financial recovery in a default situation.