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  2. Repossession - Wikipedia

    en.wikipedia.org/wiki/Repossession

    Repossession. Repossession, colloquially repo, is a "self-help" type of action in which the party having right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings. The property may then be sold by either the financial institution or third party sellers.

  3. Repurchase agreement - Wikipedia

    en.wikipedia.org/wiki/Repurchase_agreement

    Finance. A repurchase agreement, also known as a repo, RP, or sale and repurchase agreement, is a form of short-term borrowing, mainly in government securities. The dealer sells the underlying security to investors and, by agreement between the two parties, buys them back shortly afterwards, usually the following day, at a slightly higher price.

  4. September 2019 events in the U.S. repo market - Wikipedia

    en.wikipedia.org/wiki/September_2019_events_in...

    On September 17, 2019, interest rates on overnight repurchase agreements (or "repos"), which are short-term loans between financial institutions, experienced a sudden and unexpected spike. A measure of the interest rate on overnight repos in the United States, the Secured Overnight Financing Rate (SOFR), increased from 2.43 percent on September ...

  5. U.S. Sees Fewer Foreclosures as Banks Reclaim More Homes - AOL

    www.aol.com/finance/2014-05-15-fewer-home...

    Bank repossessions, though still down 14 percent from a year ago, were up 4 percent in April, partly due to state and government interventions that slowed down the foreclosure process. Overall ...

  6. What To Do If Your Car Is Repossessed - AOL

    www.aol.com/car-repossessed-120051609.html

    Call your lender immediately. It’s rare, but they could have made a mistake. If your car was truly the one they were after, the repo agent will contact them immediately to let the lender know ...

  7. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Software. v. t. e. 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]

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