The highest bidder at the auction will be the owner of the house. If the Association is the highest bidder they will own your house. If a third party is the highest bidder, then the third party will own your house. Unless there are objections to the sale the clerk will issue a certificate of title, which will identify the new owner. If the mortgage is a first mortgage or purchase money mortgage, then the mortgage will remain on the property. If the promissory note that the mortgage secures is not paid the bank will foreclose on the mortgage and foreclose the new owner's interest. You need to understand that there is a difference between the mortgage and the note. The note is your obligation to pay. The mortgage just secures the note. Even though you no longer own the home you still have the legal obligation to pay the note. If you do not pay the note, the bank can decide to foreclose on the house and seek a deficiency decree against you or the bank can simply sue you on the note.