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In psychoanalysis, foreclosure (also known as "foreclusion"; French: forclusion) [1] is a specific psychical cause for psychosis, [2] according to French psychoanalyst Jacques Lacan. History [ edit ]
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [1] [2]
A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.
Historically, a mortgagor (the borrower) and a mortgagee (the lender) executed a conveyance of legal title to the property in favour of the mortgagee as security for the loan.
REO sale property in San Diego, California. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]
An Automatic Oil Muffle Furnace, circa 1910. Petroleum is contained in tank A, and is kept under pressure by pumping at intervals with the wooden handle, so that when the valve B is opened, the oil is vaporized by passing through a heating coil at the furnace entrance, and when ignited burns fiercely as a gas flame.
“The Sopranos” star Drea de Matteo recently told DailyMail.com that she saved her house from going into foreclosure thanks to OnlyFans, which she turned to last year after her acting career ...
Foreclosure rescue in the United States is where a mortgage that is in arrears and where the lender is at the stage of foreclosing on the loan agrees to stop the foreclosure in exchange for funds received through loan modification or from a government grant. It may also refer to funds that allow the homeowner to repurchase the property at or ...