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2. Foreclosure investment - Wikipedia

   en.wikipedia.org/wiki/Foreclosure_investment

   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. Depending on the type of foreclosure proceeding, the sale may be administered by the courts (judicial foreclosure) or by an appointed trustee (statutory foreclosure). Proceeds from the sale are used ...

3. 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 ...

4. Real estate owned - Wikipedia

   en.wikipedia.org/wiki/Real_estate_owned

   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]

5. AOL - Finance News & Latest Business Headlines - AOL.com

   www.aol.com/real-estate

   The retired NBA legend's sprawling Highland Park estate has been on the market on and off since 2012 Reuters 1 month ago Realtors group forecasts US 30-year fixed-rate mortgage averaging 6% in 2025

6. ‘I’ve been homeless 7 times’: This Detroit woman fell for a ...

   www.aol.com/finance/ve-homeless-7-times-detroit...

   In June 2021, two months after she had made the final payment, a Florida-based real estate company Boccafe LLC filed to evict her from the home she thought she owned.

7. 2010 United States foreclosure crisis - Wikipedia

   en.wikipedia.org/wiki/2010_United_States...

   [20] [21] Since the 2010 crisis, 62 million mortgages are held in the name of MERS, [22] and MERS has initiated thousands of foreclosures in the United States, claiming to be the mortgagee of record. Lawyers have contended in court that MERS has no legal right to initiate a foreclosure, because MERS does not own the loans in question.