As a foreclosure defense specialist paralegal we are hit with many questions about the foreclosure process. One of the questions most homeowners ask is, why is it the lender is not interested in helping them stay in their home, or helping them sale the house at fair market value to the buyer the homeowner brings to the table? The answer is because at the beginning of the mortgage process the lender took out insurance on the mortgage loan, so after the home is sold at the foreclosure auction the lender will cash in on the insurance policy, and get paid the full amount of the mortgage. The proceeds from the sale of the home is icing on the cake for the lender. Wait it gets worse, about half of the States have a deficiency judgment statute. This means the attorneys can garnish your bank account and or wages for the remaining balance after they sale your home for less than the mortgage value.