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  2. Bank-owned properties: What are they and where can I ... - AOL

    www.aol.com/finance/bank-owned-properties-where...

    Homes become bank-owned properties after homeowners default on their mortgages and the bank forecloses. If no one opts to buy a foreclosure home at auction, the bank or mortgage lender or servicer ...

  3. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    The foreclosure process as applied to residential mortgage loans is a bank or other secured creditor selling or repossessing a parcel of real property after the owner has failed to comply with an agreement between the lender and borrower called a "mortgage" or "deed of trust".

  4. First National Bank of Montgomery v. Daly - Wikipedia

    en.wikipedia.org/wiki/First_National_Bank_of...

    An attorney named Jerome Daly was a defendant in a civil case in Credit River Township, Scott County, Minnesota, heard on December 9, 1968.The plaintiff was the First National Bank of Montgomery, which had foreclosed on Daly's property for nonpayment of the mortgage, and was seeking to evict him from the property.

  5. National Community Stabilization Trust - Wikipedia

    en.wikipedia.org/wiki/National_Community...

    The National Community Stabilization Trust (NCST or Stabilization Trust) is a Washington, D.C.–based non-profit organization that facilitates the transfer of foreclosed and abandoned properties from financial institutions nationwide to local housing organizations to promote property reuse and neighborhood stability.

  6. Why is it so hard to crack down on some landlords who won't ...

    www.aol.com/why-hard-crack-down-landlords...

    In 2018, the Summit County Fiscal Office and Land Bank pushed 69 of Gary Thomas' tax delinquent properties into foreclosure. Thomas filed for bankruptcy protection, which bought time to sell ...

  7. Our dream retirement home was swept away by a hurricane - AOL

    www.aol.com/finance/dream-retirement-home-swept...

    For homes that are in the 100-year flood plain, or that have a 1% or greater chance of flooding every year, this insurance is legally required to obtain a mortgage and can pay out up to $250,000 ...

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