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Ancestral houses of the Philippines or Heritage Houses are homes owned and preserved by the same family for several generations as part of the Filipino family culture. [1] It corresponds to long tradition by Filipino people of giving reverence for ancestors and elders. Houses could be a simple house to a mansion.
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]
A foreclosure occurs when a lender takes control over a property from a borrower for failing to make timely payments. A foreclosure can damage your credit score and result in loss of property. As ...
The Development Bank of the Philippines ( DBP) is a state-owned development bank headquartered in Makati, Philippines . It was established after World War II in 1947 on the government's effort through its mandate to rebuild the country's war torned infrastructure. It is the eighth-largest bank [4] in the Philippines in terms of assets as of ...
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The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, [1] [2] refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank ...
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