5 TermsHome > Terms > English, UK (UE) > Foreclosure
Foreclosure
The process by which a lender takes back a property on which the mortgagee has defaulted. A servicer may take over a property from a borrower on behalf of a lender. A property usually goes into the process of foreclosure if payments are more than 90 days past due.
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Real estate
- Category: General
- Company: Coldwell Banker
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
zonkey
Zonkey is a rare hybrid animal from a zebra and a donkey, what happens when a male Zebra mates the female ass. A zonkey usually has some part of his ...
Contributor
Featured blossaries
dnatalia
0
Terms
60
Blossaries
2
Followers
Hogwarts School of Witchcraft and Wizardry
Category: Entertainment 2 5 Terms
5 Terms
Browers Terms By Category
- SSL certificates(48)
- Wireless telecommunications(3)
Wireless technologies(51) Terms
- Inorganic pigments(45)
- Inorganic salts(2)
- Phosphates(1)
- Oxides(1)
- Inorganic acids(1)
Inorganic chemicals(50) Terms
- Contracts(640)
- Home improvement(270)
- Mortgage(171)
- Residential(37)
- Corporate(35)
- Commercial(31)
Real estate(1184) Terms
- Industrial automation(1051)
Automation(1051) Terms
- Action toys(4)
- Skill toys(3)
- Animals & stuffed toys(2)
- Educational toys(1)
- Baby toys(1)