Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Deed in Lieu of Foreclosure (or deed-in-lieu)
Fannie Mae
Updated 10-31-2026
Deed in Lieu of Foreclosure (or deed-in-lieu)
A transfer of title from a delinquent borrower to the lender in satisfaction of the mortgage debt to avoid foreclosure; also called a voluntary conveyance.
Fannie Mae Glossary of Terms
Fannie Mae · p. 11
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