A reflexive answer to the question of the title seems apparent of course. But the actual question needs the context of a second inquiry: how specific were the terms of sale in referring to the senior mortgage? Both foreclosing plaintiffs and foreclosure sale bidders need to know the answer to that question—which is “specific,” as meaningfully articulated by the Appellate Division in Wells Fargo Bank, N.A. v. Schepisi, 218 A.D.3d 829, 194 N.Y.S.3d 252 (2d Dept. 2023).

There is added significance as well when the parties—particularly the bidder at the foreclosure sale—consider the extent of title insurance on the purchase.