$14.$ The difference between judicial foreclosure and power of sale in the treatment of defaulted mortgages can be significant. All of the following statements regarding power of sale are true EXCEPT: A$.$ The power of sale treatment is faster than judicial foreclosure B$.$ The foreclosed property is typically sold through a public auction administered by the court. C$.$ It is less costly for power of sale to be employed than judicial foreclosure. D$.$ Typically, lenders must give proper legal notice to the borrower, advertise the sale property, and allow a required passage of time before the sale.