Foreclosure sale $100,000; loan $70,000 + $5,000 expenses. Surplus to:

The trustee in a foreclosure process is responsible for overseeing the sale and ensuring that it is conducted according to legal requirements. However, the trustee does not receive any surplus funds; their role is limited to facilitating the transaction and distributing funds to the mortgagee and other parties as needed.

While the mortgagee may file a claim to recover the amount owed on the loan, they do not receive the surplus funds. The mortgagee's claim pertains only to the debt owed, and once the loan and associated expenses are satisfied, any remaining funds are rightfully returned to the mortgagor.

This choice incorrectly suggests that the lender retains all funds from the foreclosure sale. However, after satisfying the outstanding loan balance and any expenses, the lender is obligated to return any excess funds to the borrower, ensuring that the borrower is compensated for their equity in the property.