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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 of ...
Oakforest. / 35.94222°N 78.52389°W / 35.94222; -78.52389. Oakforest is a two-story, frame composite house in the Federal and Greek-Revival style, located in Wake Forest, North Carolina. It was placed on the National Register of Historic Places on 11 June 1998. [2]
Foreclosure investment. Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate, foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.
Deed in lieu of foreclosure. A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower ...
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37-70540 [4] GNIS feature ID. 2406816 [3] Website. www.wakeforestnc.gov. Wake Forest is a town in Wake and Franklin counties in the U.S. state of North Carolina. Located almost entirely in Wake County, it lies just north of the state capital, Raleigh. At the 2020 census, the population was 47,601, [5] up from 30,117 in 2010. [6]
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