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  2. April Foreclosures: Fewer Starts, Faster Finishes - AOL

    www.aol.com/april-foreclosures-fewer-starts...

    States with the most completed foreclosures included Illinois at 244; Pennsylvania at 241; California at 2323; New York at 225; and Maryland at 200. Read Next: Become a real estate investor today ...

  3. Foreclosures Are Rising: Here’s What Experts Say It ... - AOL

    www.aol.com/finance/foreclosures-rising-experts...

    Adding up notices of default, repossession by banks and auctions on the calendar, the U.S. Foreclosure Market Report found 35,196 American properties with foreclosure filings. I’m a Real Estate ...

  4. Commercial Foreclosures Spike By Nearly 120% In The ... - AOL

    www.aol.com/finance/commercial-foreclosures...

    Commercial real estate foreclosures have been climbing since hitting a low of 141 in May 2020. The 625 foreclosure figure is the second-highest since ATTOM started analyzing the data in 2014 when ...

  5. Equity stripping - Wikipedia

    en.wikipedia.org/wiki/Equity_stripping

    Equity stripping, also known as equity skimming, is a type of foreclosure rescue scheme. Often considered a form of predatory lending, equity stripping became increasingly widespread in the early 2000s. In an equity stripping scheme an investor buys the property from a homeowner facing foreclosure and agrees to lease the home to the homeowner ...

  6. 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 ...

  7. Deed of trust (real estate) - Wikipedia

    en.wikipedia.org/wiki/Deed_of_trust_(real_estate)

    In a deed of trust, a person who wishes to borrow money conveys legal title in real property to a trustee, who holds the property as security for a loan ( debt) from the lender to the borrower. The equitable title remains with the borrower. [1] The borrower is referred to as the trustor, while the lender is referred to as the beneficiary.

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