Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun The act of foreclosing, especially a legal proceeding by which a mortgage is foreclosed.
from The Century Dictionary.
- noun The act of foreclosing; the act of depriving a mortgager of the right of redeeming his mortgaged estate.
from the GNU version of the Collaborative International Dictionary of English.
- noun The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun law the
proceeding , by acreditor , toregain property or othercollateral following adefault onmortgage payments
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default
Etymologies
Sorry, no etymologies found.
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Examples
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So while the short answer of whether you can vote if you're in foreclosure is yes, each state sets its own rules on when and whether you need to re-register your address.
Can you vote if you're facing foreclosure? Ariana Eunjung Cha 2010
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The average loan in foreclosure is 484 days delinquent, according to LPS Applied Analytics.
Foreclosures Jam the Court System Robin Sidel 2010
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The term foreclosure vulture clearly has negative connotations and generates a sense of foreboding, but not all who buy foreclosed properties have nefarious intent.
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The term foreclosure vulture clearly has negative connotations and generates a sense of foreboding, but not all who buy foreclosed properties have nefarious intent.
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While laymen use the term foreclosure to mean a bank sale, the term refers to a credit-bid sale.
ajc.com - News 2010
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But the term foreclosure covers a very wide area with many sub-groups within it.
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News of the foreclosure is the latest twist in the tale of Suleman and her children.
Octuplets Family $23,225 Behind On Mortgage Payments - The Consumerist 2009
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The only possible winner in a foreclosure is a cash-rich bargain hunter up homes at ultra-low prices and waiting to sell them when times improve.
pig-headed banking 2009
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The only possible winner in a foreclosure is a cash-rich bargain hunter up homes at ultra-low prices and waiting to sell them when times improve.
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Taylor and other consumer advocates have said the problem spans from the loan origination that inflated the housing bubble to the failure to modify mortgages after it burst, not simply when a foreclosure is already inevitable.
Gibbs: White House 'Committed To Holding Accountable Any Bank That Has Violated The Law' The Huffington Post News Team 2010
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