foreclosure

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foreclosure

The depriving of the right to a property by legal transfer of title, esp. because of failure to maintain mortgage payments.
References in periodicals archive ?
I think it's clear that statistics for foreclosures in 2011 are going to look very similar to those for foreclosure filings 2010.
LOS ANGELES, April 23, 2015 /PRNewswire/ -- There are several ways to stop a foreclosure from moving forward.
For some observers, the increase in both foreclosure starts and sales may sound like bad news.
One possibility is differences in administrative timelines in the handling of foreclosures across the metropolitan areas.
Foreclosure rates nationwide jumped by 24% in August from the previous month, which is a 53% increase over last year and a record high for 2006, according to RealtyTrac, an online marketplace for foreclosure properties.
The number of foreclosures statewide dropped 16 percent from April, far outpacing a nationwide decline of 2.
Overall, the number of active and pending foreclosure properties in the United States rose to 62,964, a 6.
76 million pre-foreclosure filings so far this year are in 10 counties out of the more than 1,300 nationwide included in the ForeclosureS.
The number of completed foreclosures over the past twelve months-just under 575,000-are at the lowest level in seven years.
Rising prices and lagging incomes could pose a danger this year for Southern California's hot housing market, an Internet company that tracks foreclosure activity warned on Monday.
The majority discerningly distinguishes between fraudulent conveyances, voluntarily made by a debtor for insufficient value (or for no value) to defeat creditors, and involuntary transfers like mortgage foreclosures, where the debtor has no control over the price paid or who pays it.
Not all of these first September foreclosure numbers, however, are glum," says Alexis McGee, president of ForeclosureS.