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  2. GMAC must explain thousands of potentially illegal ... - AOL

    www.aol.com/news/2010-09-25-gmac-must-explain...

    Illinois Attorney General Lisa Madigan is demanding a meeting with mortgage lender Ally after an employee testified the company rubber-stamped thousands of affidavits supporting home foreclosures ...

  3. ‘I can barely make it’: This Nevada woman earns a ... - AOL

    www.aol.com/finance/barely-nevada-woman-earns...

    Why foreclosures are spiking in the Silver State. ... Illinois and Florida. The rate is higher than the national average, where one in 794 homes are in foreclosure. ... the Zillow home value index ...

  4. What is a foreclosure? How it works and how to avoid it - AOL

    www.aol.com/finance/foreclosure-works-avoid...

    Judicial foreclosure: With a judicial foreclosure, the lender files a lawsuit and the borrower is notified of the non-payment. The homeowner has 30 days to make up the missed payments, otherwise ...

  5. Real estate investing - Wikipedia

    en.wikipedia.org/wiki/Real_estate_investing

    Formal foreclosure processes vary by state and may be judicial or non-judicial, which affects the length of time the property is in the pre-foreclosure phase. Once the formal foreclosure processes are underway, these properties can be purchased at a public sale, usually called a foreclosure auction or sheriff's sale.

  6. 2010 United States foreclosure crisis - Wikipedia

    en.wikipedia.org/wiki/2010_United_States...

    [3] [4] The foreclosure crisis caused significant investor fear in the U.S. [5] A 2014 study published in the American Journal of Public Health linked the foreclosure crisis to an increase in suicide rates. [6] [7] One out of every 248 households in the United States received a foreclosure notice in September 2012, according to RealtyTrac. [8] [9]

  7. Foreclosure investment - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_investment

    Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate , foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.

  8. Foreclosures: Illinois Town Invests in Them - AOL

    www.aol.com/news/2010-10-27-foreclosure-buybacks...

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  9. United States Department of Housing and Urban Development

    en.wikipedia.org/wiki/United_States_Department...

    The idea of a department of Urban Affairs was proposed in a 1957 report to President Dwight D. Eisenhower, led by New York governor Nelson A. Rockefeller. [3] The idea of a department of Housing and Urban Affairs was taken up by President John F. Kennedy, with Pennsylvania Senator and Kennedy ally Joseph S. Clark Jr. listing it as one of the top seven legislative priorities for the ...

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