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What is a foreclosure?

Foreclosure happens when the lender takes control of a property after a borrower misses multiple mortgage payments, defaulting on the loan. The foreclosure process can take up to several years, and if ...
ATTOM attributes the decline in foreclosure rates and the low number of zombie foreclosures to high homeowner equity. Nearly 1.4 million (1,357,423) residential properties in the United States are ...
Kimberly Draxler, a single mom on disability, couldn’t believe it when her mortgage lender confirmed she was on the verge of ...
After H. Steve Aderholt’s Northwest Side house was posted for last December’s foreclosure auction, the retired electrician got a knock at his front door from a man who offered to help him hold on to ...
NEW YORK – House foreclosures rose 14 percent in the second quarter and more than doubled compared to the same period a year ago, according to data released Friday. Nationwide, 739,714 homes received ...
MAYNARDVILLE, Tenn. (WATE) — A Union County man is suing a Utah-based debt foreclosure company for $2 million, claiming their deal was fraudulent. Forrest Walker said he never knew he was selling his ...
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