A Chart providing a state-by-state overview of the methods of foreclosing a mortgage or deed of trust on improved residential real property. This Chart covers the security instruments used to create a lien, the methods of foreclosing the lien, whether the lender must establish possession of the original loan documents, homeowner protections (including homeowner bill of rights), a lender's ability to obtain a deficiency judgment against the borrower and guarantors, and a borrower's right to redeem the property following a foreclosure sale. This Chart is a useful tool for mortgage lenders, borrowers, and their legal counsel. This Chart is updated semi-annually.