Question: What is the statutory right to redeem? Why does it make sense, as a matter of public policy, that states statutorily authorize the right to

What is the statutory right to redeem? Why does it make sense, as a matter of public policy, that states statutorily authorize the right to redeem? How does the general public/community benefit by allowing the mortgagor to remain on the property even during foreclosure? If states got rid of the statutory right to redeem, what kinds of problems and issues might communities experience? Put in the context of business law, in an essay format with each question separate.

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