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  2. HUD auction - Wikipedia

    en.wikipedia.org/wiki/HUD_auction

    A HUD auction is a form of foreclosure auction except the original lender was a federal agency instead of a private lender. The United States Department of Housing and Urban Development (HUD), is the insurer of loans made through a variety of government programs, particularly FHA loans .

  3. How to stop foreclosure - AOL

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

    State rules differ on how long you’ll have before a foreclosure sale takes place, however. ... 569-4287. If you have an Apple device, you can download HUD’s free Housing Counselor Locator app.

  4. Foreclosure consultant - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_consultant

    Assist the owner to obtain a loan or advance of funds. Avoid or ameliorate the impairment of the owner's credit resulting from the recording of a notice of default or the conduct of a foreclosure sale. Save the owner's residence from foreclosure. In some jurisdictions a foreclosure consultant must be licensed by the government. [3] [4] [5]

  5. Making Home Affordable - Wikipedia

    en.wikipedia.org/wiki/Making_Home_Affordable

    The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis.HAMP [10] is part of the Making Home Affordable program (MHA), [11] established in concert with the Hardest Hit Fund program (HHF) [12] under the Troubled Asset Relief Program (TARP), a part of the Emergency Economic Stabilization Act of 2008. [13]

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

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

    These laws can govern your mortgage relief options if you are already in foreclosure, how to post a Notice of Sale, the sale timeline and other parts of the process. Step 1: Missed mortgage payments

  7. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    After taking a required online homebuyer education course, you can receive up to 3 percent in closing cost assistance toward the purchase of a property that’s been foreclosed and is now owned by ...

  8. Equity stripping - Wikipedia

    en.wikipedia.org/wiki/Equity_stripping

    The rescue artist will express intention to reconvey the property back to the homeowner in the form of a lease or a contract for deed. Simple mortgage assumption allows the owner of the home in foreclosure to transfer the deed to the property to the rescue artist without the involvement of any lender. This results in a transfer of ownership and ...

  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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