foreclosure


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fore·clo·sure

 (fôr-klō′zhər)
n.
1. The act of foreclosing, especially a legal proceeding by which a mortgage is foreclosed.
2. A property that has undergone foreclosure: decided to purchase a foreclosure.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

fore•clo•sure

(fɔrˈkloʊ ʒər, foʊr-)

n.
the act of foreclosing a mortgage or sometimes a pledge.
[1720–30]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

foreclosure

the process by which mortgaged property enters into the possession of the mortgagee without right of redemption by the mortgagor, usually for reason of delinquency in mortgage payments.
See also: Property and Ownership
-Ologies & -Isms. Copyright 2008 The Gale Group, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.foreclosure - the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default
legal proceeding, proceeding, proceedings - (law) the institution of a sequence of steps by which legal judgments are invoked
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

foreclosure

[fɔːˈkləʊʒəʳ] Napertura f de un juicio hipotecario
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

foreclosure

[fɔːrˈkləʊʒər] nsaisie f
Collins English/French Electronic Resource. © HarperCollins Publishers 2005

foreclosure

nZwangsvollstreckung f(on bei)
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

foreclosure

[fɔːˈkləʊʒəʳ] npignoramento
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in classic literature ?
I did not appear but through this agent I forced the foreclosure, and but few days (no more, believe me, than the law allowed) were given John Claverhouse to remove his goods and chattels from the premises.
You must remember that the first mortgage comes in for the first claim after taxes, and if the foreclosure doesn't bring enough to satisfy more than that, the second mortgage is sleeping on its rights."
There are deeds of trust, mortgages, certificates of release, transfers, judgments, foreclosures, writs of attachment, orders of sale, tax liens, petitions for letters of administration, and decrees of distribution.
There were no foreclosures of mortgages, no protested notes, no bills payable, no debts of honour in Typee; no unreasonable tailors and shoemakers perversely bent on being paid; no duns of any description and battery attorneys, to foment discord, backing their clients up to a quarrel, and then knocking their heads together; no poor relations, everlastingly occupying the spare bed-chamber, and diminishing the elbow room at the family table; no destitute widows with their children starving on the cold charities of the world; no beggars; no debtors' prisons; no proud and hard-hearted nabobs in Typee; or to sum up all in one word--no Money!
Another legal blow was dealt to (https://www.ibtimes.com/are-casey-anthonys-legal-troubles-over-2019-update-2771658) Casey Anthony's parents in foreclosure of their home.
The numbers of foreclosure filings and pending cases around the state continue to decline, according to a new report from Comptroller Tom DiNapoli's office.
Foreclosure Market Report, which shows foreclosure filings default notices, scheduled auctions and bank repossessions were reported on 624,753 U.S.
In York County, specifically, one of the top foreclosure counties in the country after the housing market crash, foreclosure filings have fallen nearly 70 percent since 2010, when there were 3,154 foreclosure filings in the county, according to California-based ATTOM Data Solutions.
The financial distress caused by college tuition worsened the foreclosure crisis at the heart of the Great Recession.
After a peak in foreclosure activity during this year's second quarter, with 911 new foreclosures scheduled across all five boroughs, the third quarter brought a slight slowdown, falling six percent quarter-over-quarter.
As it relates to foreclosures, the CFPB requires lenders to end what is termed "dual track foreclosures." Dual track foreclosures are foreclosures where the defendant is in the process of being reviewed or has been approved for loss mitigation, i.e., a loan modification, deed in lieu, or short sale, yet the foreclosure continues, hence the term dual track.
properties with a foreclosure filing in June, down 6% from the previous month and down 19% from a year ago to the lowest level since July 2006 -- a nearly 10-year low.