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Foreclosure - Wikipedia
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender.
en.wikipedia.org
en.wikipedia.org
FORECLOSE Definition & Meaning - Merriam-Webster
1 ... to shut out : preclude ... 2 ... to hold exclusively ... 3 ... to deal with or close in advance ... 4 ... to subject to foreclosure proceedings.
www.merriam-webster.com
www.merriam-webster.com
foreclosure | Wex | US Law | LII / Legal Information Institute
Foreclosure is a catch-all term for the processes used by mortgage-holders (mortgagees) to take mortgaged property from borrowers (mortgagors) who default on ...
www.law.cornell.edu
www.law.cornell.edu
foreclose
foreclose, v. (fɔəˈkləʊz) Forms: 3–6 forclose, 6 Sc. foirclois, 6– foreclose. [f. forclos-, stem of forclore, f. for-, for- prefix3 + clore to close. Some of the senses may have originated from or have been influenced by the identification of the prefix with for-1 (cf. OE. forcl{yacu}san to close, s...
Oxford English Dictionary
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Foreclose - Definition, Meaning & Synonyms - Vocabulary.com
To foreclose is to prevent something from happening. If you want to foreclose any possibility of getting in a car accident, you should travel by train instead.
www.vocabulary.com
www.vocabulary.com
Avoiding Foreclosure | HUD.gov / U.S. Department of Housing and ...
Tips for Avoiding Foreclosure · 1. Don't ignore the problem. · 2. Contact your lender as soon as you realize that you have a problem. · 3. Open and respond to ...
www.hud.gov
www.hud.gov
foreclose
foreclose/fɔ:ˈkləuz; fɔr`kloz/ v[I, Ipr, Tn]~ (on sb/sth) (of a bank, etc that has lent money for a mortgage) take possession of the property of (sb), usu because repayments have not been made (指已放出抵押贷款的银行等)取得(某人)的财产(通常因未偿付贷款) The bank foreclosed (on the mortgage). 该银行已取消(对该抵押品的)赎取权.
牛津英汉双解词典
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General Information - Foreclosure - Guides at Texas State Law Library
Foreclosure is the legal process that allows a piece of property to be sold in order to satisfy certain debts owed by the property owner.
guides.sll.texas.gov
guides.sll.texas.gov
Foreclosure: How It Works And How To Avoid | Bankrate
Foreclosure happens when the lender takes control of a property after a borrower misses multiple mortgage payments, defaulting on the loan.
www.bankrate.com
www.bankrate.com
Stages of Foreclosure - State of Michigan
Day 2-36: The mortgage payment is due on the 1st. If the mortgage is not paid on the 1st, it is considered delinquent on the 2nd.
www.michigan.gov
www.michigan.gov
FORECLOSE Definition & Meaning - Dictionary.com
to close, settle, or answer beforehand. verb (used without object). foreclosed, foreclosing. to take away the right to redeem a mortgage or pledge.
www.dictionary.com
www.dictionary.com
How does foreclosure work? | Consumer Financial Protection Bureau
Foreclosure is when the lender takes action to satisfy the homeowner's debt out of the sale of collateral (the homeowner's property) when the ...
www.consumerfinance.gov
www.consumerfinance.gov
Bowkett v Action Finance Ltd
When the son later defaulted on the loan, Action Finance sought to foreclose on the Bowketts' house.
wikipedia.org
en.wikipedia.org
Santa Cruz County Bank to Foreclose on San Jose Property
2 days ago — Century Tower, led by San Jose-based real estate investor Fred Mayer, bought the third-acre property in 2019 for $5.5 million. The firm then ...
therealdeal.com
Bank walkaway
A bank walkaway is a decision by a mortgage lender (a bank) to not foreclose
on a defaulted mortgage (when the borrower has ceased to make the payments Thus, if the bank were to foreclose (taking ownership) and then sell the home, the bank expects that it would lose money, and thus chooses to not do so
wikipedia.org
en.wikipedia.org