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  2. HUD auction - Wikipedia

    en.wikipedia.org/wiki/HUD_auction

    A HUD auction is a form of foreclosure auction except the original lender was a federal agency instead of a private lender. The United States Department of Housing and Urban Development (HUD), is the insurer of loans made through a variety of government programs, particularly FHA loans. When a lender forecloses on a government insured loan, HUD ...

  3. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    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] Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower ...

  4. Government policies and the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_policies_and...

    e. Government policies and the subprime mortgage crisis covers the United States government policies and its impact on the subprime mortgage crisis of 2007-2009. The U.S. subprime mortgage crisis was a set of events and conditions that led to the 2007–2008 financial crisis and subsequent recession. It was characterized by a rise in subprime ...

  5. Thousands Of U.S. Homes Foreclosed In April As Market ... - AOL

    www.aol.com/thousands-u-homes-foreclosed-april...

    April saw a surge in home foreclosures, with thousands of properties repossessed nationwide.Last month saw an 8% increase in repossessions from the previous month, totaling over 2,900, despite a ...

  6. Troubled Asset Relief Program - Wikipedia

    en.wikipedia.org/wiki/Troubled_Asset_Relief_Program

    Troubled Asset Relief Program. The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was passed by Congress and signed into law by President George W. Bush. It was a component of the government's measures in ...

  7. Why is it so hard to crack down on some landlords who won't ...

    www.aol.com/why-hard-crack-down-landlords...

    As of July, the tax bills were late on 45% of the 81 properties owned or managed by Gary Thomas. He was behind $164,428.55, according to county records. Properties managed by Ross Thomas, who ...

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