Borrower Patti exercised her statutory right of reinstatement after her lender initiated a foreclosure suit. What must Patti's lender do now

Patti's lender will accept the Reinstatement and continue the mortgage till the loan is paid fully.

Explanation:

Foreclosure is a term that describes a legal process, in which lender, in the bid to recover the remaining of his or her loan from a borrower who has stopped making payments, forces the sale of the asset used as the collateral for the loan.

On the other hand, Reinstatement is also a legal process that seek to stop a foreclosure, this allows the borrower to meet up on payments in default, as well as fees and expenses incurred as a result of the default.

Hence, in this case, Patti's lender will accept the Reinstatement and continue the mortgage till the loan is paid fully.

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explanation: