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  2. 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.

  3. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    As per the foreclosure data report of RealtyTrac for January 2014, 1 in every 1,058 homes in U.S. received a foreclosure filing. This figure falls in the higher spectrum of foreclosure frequency. As of August 2014, the foreclosure rate was 33.7%, 1.7% up from the last year.

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

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

    A foreclosure occurs when a lender takes control over a property from a borrower for failing to make timely payments. A foreclosure can damage your credit score and result in loss of property. As ...

  5. Pittsboro, Indiana - Wikipedia

    en.wikipedia.org/wiki/Pittsboro,_Indiana

    The town of Pittsboro was founded on December 9, 1834, by Simon T. Hadley and Wiliam L. Matlock. The town was named "Pittsborough" in honor of Hadley's home in North Carolina. The spelling was later changed to "Pittsboro". On April 6, 1906, an election was held for incorporation of the town. The result of the election was 83 favorable and 38 ...

  6. How to stop foreclosure - AOL

    www.aol.com/finance/stop-foreclosure-220538027.html

    Key takeaways. Foreclosure occurs when a homeowner stops paying their mortgage for an extended period — typically 120 days following the first missed payment.

  7. Housing and Economic Recovery Act of 2008 - Wikipedia

    en.wikipedia.org/wiki/Housing_and_Economic...

    The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.

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