10. 
    Foreclosure
    a legal process in which mortgaged property is sold to pay the loan of the defaulting borrower. Foreclosure laws are based on the statutes of each state.
    Found op http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/buying
    
    
11. 
    Foreclosure
    - Seizure of COLLATERAL by a CREDITOR when DEFAULT under a loan agreement occurs.
    Found op http://www.nysscpa.org/prof_library/guide.htm
    
    
12. 
    foreclosure
    Foreclosure is the equitable proceeding in which a bank or other secured creditor sells or repossesses a parcel of real property (immovable property) due to the owner`s failure to comply with an agreement between the lender and borrower called a `mortgage` or `deed of trust`. Commonly, the violation...
    Found op http://www.oenb.at/dictionary/termini.jsp?EINTRAG_ID=1938
    
    
13. 
    FORECLOSURE
    The act by the mortgagee or trustee upon default in the payment of interest or principal of a mortgage of enforcing payment of the debt by selling the underlying security.
    Found op http://www.sba.gov/about-offices-content/1/2896/resources/13240
    
    
14. 
    Foreclosure
    When a borrower cannot repay a loan and the lender seeks to sell the property. The legal process by which the mortgagor's equitable or statutory right to redeem mortgaged property is terminated. The actual procedures vary from state to state.
    Found op http://www.lectlaw.com/def/f051.htm
    
    
15. 
    Foreclosure
    (n) Foreclosure is the closing of a liability, obligation, receivables etc by recovering the dues by other means like selling the lien , mortgages etc in his possession, before waiting the action or fulfillment from the debtor.
    Found op http://www.legal-explanations.com/definitions/foreclosure.htm
    
    
16. 
    Foreclosure
    Foreclosure is the legal right of a lender of money if the borrower fails to repay the money or part of it on the due date. The lender must apply to a court to be permitted to sell the property that has been held as security for the debt. The court will order a new date for payment in an order calle...
    Found op http://www.probertencyclopaedia.com/browse/JF.HTM
    
    
17. 
    foreclosure
    In law, the transfer of title of a mortgaged property from the mortgagor (borrower, usually a home owner) to the mortgagee (loaner, for example a bank) if the mortgagor is in breach of the mortgage agreement, usually by failing to make a number of payments on the mortgage (loan). The mortgagor may k...
    Found op http://www.talktalk.co.uk/reference/encyclopaedia/hutchinson/m0022699.html
    
    
18. 
    Foreclosure
    A legal procedure whereby the lender eventually obtains ownership of the property after the borrower has defaulted on payments.
    Found op http://www.tdcanadatrust.com/mortgages/glossary.jsp
    
    
19. 
    Foreclosure
    the legal process by which a bank or lender sells a property after a borrower fails to meet the repayment terms of the loan.
    Found op http://www.thetruthaboutmortgage.com/mortgage-dictionary/
    
    
20. 
    Foreclosure
    A proceeding in or out of court, to extinguish all rights, title, and interest, of the owner(s) of property in order to sell the property to satisfy a lien against it.
    Found op http://www.pmel.org/RealEstate-Mortgage-Glossary.htm
    
    
21. 
    Foreclosure
    A legal proceeding in which the default borrower is extinguished of all rights, title and interest on the underlying property.
    Found op http://www.ratezip.com/mortgage-glossary.html
    
    
22. 
    foreclosure
    The legal process by which a borrower in default under a mortgage is deprived of his or her interest in the mortgaged property. This usually involves a forced sale of the property at public auction with the proceeds of the sale being applied to the mortgage debt.
    Found op http://www.eloan.com/s/show/glossary
    
    

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