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  2. Foreclosures Are Rising: Here’s What Experts Say It ... - AOL

    www.aol.com/finance/foreclosures-rising-experts...

    Forclosure is never a good sign — back in 2008 and 2009, it was a stark symbol of the Great Recession. This current data set shows a 7% increase from April, but twice that much from 2022, with ...

  3. Hoping to Buy a Foreclosure? Here's Why That Will Be ... - AOL

    www.aol.com/hoping-buy-foreclosure-heres-why...

    May 29, 2024 at 9:00 AM. A house against an orange background. Image source: Upsplash/The Motley Fool. To say it's a tough time to buy a home would be an understatement. Not only are mortgages ...

  4. Deed in lieu of foreclosure - Wikipedia

    en.wikipedia.org/wiki/Deed_in_lieu_of_foreclosure

    Deed in lieu of foreclosure. A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower ...

  5. Commercial Foreclosures Spike By Nearly 120% In The ... - AOL

    www.aol.com/finance/commercial-foreclosures...

    Commercial real estate foreclosures have been climbing since hitting a low of 141 in May 2020. The 625 foreclosure figure is the second-highest since ATTOM started analyzing the data in 2014 when ...

  6. Mortgage Electronic Registration Systems - Wikipedia

    en.wikipedia.org/wiki/Mortgage_Electronic...

    Mortgage Electronic Registration Systems, Inc. (MERS) is an American privately held corporation. MERS is a separate and distinct corporation that serves as a nominee on mortgages after the turn of the century and is owned by holding company MERSCORP Holdings, Inc., which owns and operates an electronic registry known as the MERS system, which is designed to track servicing rights and ownership ...

  7. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Software. v. t. e. 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. [1] [2]

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