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

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

    The types of foreclosures that can occur depend on the state you live in and your mortgage terms. Some foreclosures involve legal action (judicial foreclosures), and others do not (non-judicial ...

  3. Mortgage note - Wikipedia

    en.wikipedia.org/wiki/Mortgage_note

    A mortgage note for these investors are home loans or mortgages that are secured by real estate. Mortgage notes could be anything from $10,000 to tens of millions of dollars. Note buyers can buy notes on nearly any type of property, although owner-occupied single family houses tend to get the best pricing.

  4. Sales of new U.S. single-family homes increased to the highest level in nearly 1-1/2 years in September as buyers rushed in to take advantage of a decline in mortgage rates. Ne… NBC Universal 2 ...

  5. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...

  6. Mortgage law - Wikipedia

    en.wikipedia.org/wiki/Mortgage_law

    A mortgage lender is an investor that lends money secured by a mortgage on real estate. In today's world, most lenders sell the loans they write on the secondary mortgage market. When they sell the mortgage, they earn revenue called Service Release Premium. Typically, the purpose of the loan is for the borrower to purchase that same real estate.

  7. AOL

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    The search engine that helps you find exactly what you're looking for. Find the most relevant information, video, images, and answers from all across the Web.

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