foreclose : Definition, Usages, News and More
- v keep from happening or arising; make impossible
- v subject to foreclosing procedures; take away the right of mortgagors to redeem their mortgage
- I was listening in on a conference call about this new survey of people's attitudes towards buying foreclosed houses, when RealtyTrac's Rick Sharga mentioned that, nationwide .
- HOLC had foreclosed on less than 200,000 loans, most of them from 1937 to 1940.
- But in many if not most cases, people buying foreclosed homes have budgets "that can afford the taxes on a $100,000 house but not necessarily a $400,000 house," notes Brian Paul .
News & Articles
- Protect this house
Toby and Donna built their Meridian Township home 25 years ago where they raised three daughters. More recently, they enjoyed having their grandkids visit. But in 2011, even after making every payment on a mortgage modification, Bank of America tried to foreclose on them and sell their house.
June 5, 2013 - City Pulse
- Barack Obama in CBS News
In his entire speech yesterday he offered not one policy, not one idea, not one bit of relief for the nearly thirty five thousand North Carolinians who were forced to foreclose on their dream in the last few months,Obama said. "Not one...
- John Roberts in The Associated Press
Upholding the law against a broad based challenge does not foreclose a litigant's success in a narrower one,the chief justice said.
- Anthony Kennedy in The Associated Press
In disapproving an exclusive machine-or-transformation test, we by no means foreclose the Federal Circuit's development of other limiting criteria that further the purpose of the Patent Act,Kennedy said.