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2. Is It Smart to Buy a Foreclosed Home? Weighing the Pros & Cons

   www.aol.com/smart-buy-foreclosed-home-weighing...

   Freddie Mac offers a similar program through HomeSteps to sell off its REO properties. The program only operates in a handful of states, but it waives mortgage insurance even for down payments ...

3. 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 ...

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

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

   Adding up notices of default, repossession by banks and auctions on the calendar, the U.S. Foreclosure Market Report found 35,196 American properties with foreclosure filings.

5. Freddie Mac - Wikipedia

   en.wikipedia.org/wiki/Freddie_Mac

   The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is an American publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons, Virginia.

6. 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.

7. What is a short sale? - AOL

   www.aol.com/finance/short-sale-234542168.html

   Foreclosure is the process by which a lender repossesses a home from a borrower who has stopped making mortgage payments. If the borrower doesn’t bring the loan current, the lender can sell the ...