Answer: foreclosed

AnswerCrossword Clue
foreclosedFORECLOSE, to bar (a right of redemption); to take away the power of redeeming (a mortgage)
foreclosedTake away someone's power of redeeming (a mortgage) and take possession of the mortgaged property
foreclosedTake possession of a mortgaged property as a result of the mortgagor's failure to keep up their mortgage payments
foreclosedRule out or prevent (a course of action)