Foreclosure

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 by forcing the sale of the asset used as the collateral for the loan. Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower (mortgagor)`s equi....
Found on http://en.wikipedia.org/wiki/Foreclosure

Foreclosure

- Seizure of COLLATERAL by a CREDITOR when DEFAULT under a loan agreement occurs.
Found on http://www.nysscpa.org/prof_library/guide.htm

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 on http://www.encyclo.co.uk/local/21213

foreclosure

[n] - the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default
Found on http://www.webdictionary.co.uk/definition.php?query=foreclosure

Foreclosure

• (n.) The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager`s right of redeeming a mortgaged estate.
Found on http://thinkexist.com/dictionary/meaning/foreclosure/

foreclosure

noun the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default
Found on http://wordnetweb.princeton.edu/perl/webwn?s=foreclosure

Foreclosure

[psychoanalysis] Foreclosure (also known as `foreclusion`; forclusion) is the English translation of a term that the French psychoanalyst Jacques Lacan introduced into psychoanalysis to represent a defence mechanism which he considered central to the development of psychosis. The term has become something of a critical crux for the interrel...
Found on http://en.wikipedia.org/wiki/Foreclosure_(psychoanalysis)

Foreclosure

Fore·clo'sure noun The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate.
Found on http://www.encyclo.co.uk/webster/F/58

Foreclosure

A legal procedure whereby property used as security for a debt is sold to satisfy the debt in the ev
Found on http://www.superglossary.com/Glossary/Business/Real_Estate/

Foreclosure

A legal procedure whereby the lender eventually obtains ownership of the property after the borrower has defaulted on payments.
Found on http://www.tdcanadatrust.com/mortgages/glossary.jsp

Foreclosure

A legal proceeding in which the default borrower is extinguished of all rights, title and interest on the underlying property.
Found on http://www.encyclo.co.uk/local/21398

foreclosure

a legal proceeding that bars or extinguishes right
Found on https://www.nycourts.gov/lawlibraries/glossary.shtml

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 on http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/buying

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 on http://www.pmel.org/RealEstate-Mortgage-Glossary.htm

Foreclosure

Financial forecasting is the process of estimating future financial performance. The projected finan
Found on http://www.encyclo.co.uk/local/22402

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 of the mortgage is a default in payment of a prom...
Found on http://www.oenb.at/dictionary/termini.jsp?EINTRAG_ID=1938

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 called a foreclosure nisi. If the borrower again fails ...
Found on http://www.probertencyclopaedia.com/browse/JF.HTM

Foreclosure

Foreclosure occurs when your lender repossesses your home because you have defaulted on your mortgag
Found on http://www.superglossary.com/Glossary/Business/Taxes/

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...
Found on http://www.encyclo.co.uk/local/20688

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 keep or sell the mortgaged property, often by aucti...
Found on http://www.talktalk.co.uk/reference/encyclopaedia/hutchinson/m0022699.html

Foreclosure

Is a legal process where the lender takes back a property upon the default of the loan by a borrower. The lender sells the property keeping the proceeds to pay for the mortgage and legal costs and returns the balance, if there is any, to the borrower.
Found on http://www.encyclo.co.uk/local/20965

foreclosure

legal proceeding by which a mortgagor`s rights to a mortgaged property may be extinguished if the mortgagor (borrower) fails to live up to the ... [1 related articles]
Found on http://www.britannica.com/eb/a-z/f/46

Foreclosure

Process by which the holder of a mortgage seizes the property of a homeowner who has not made interest and/or principal payments on time as stipulated in the mortgage contract.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosf.htm

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 on http://www.sba.gov/about-offices-content/1/2896/resources/13240

Foreclosure

The legal procedure by which a lender holding a mortgage on your house forces a sale of your house t
Found on http://www.encyclo.co.uk/local/22405
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