To foreclose a mortgage

Definitions

  • Webster's Revised Unabridged Dictionary
    • To foreclose a mortgage not technically correct, but often used to signify) the obtaining a judgment for the payment of an overdue mortgage, and the exposure of the mortgaged property to sale to meet the mortgage debt.
    • To foreclose a mortgage See under Foreclose.
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Usage

In literature:

A mortgage was foreclosed on it, and we had to give up possession.
"The Iron Heel" by Jack London
At about that time Tasper Britt started proceedings to foreclose a couple of mortgages.
"When Egypt Went Broke" by Holman Day
We speak of a bond instead of a mortgage, and we adjudge where we ought to foreclose.
"The Book-Hunter" by John Hill Burton
He has been threatening to do it for a good while, and to-day he has foreclosed the mortgage.
"Little Bobtail" by Oliver Optic
Ralph one day overheard Farrington threaten to foreclose a mortgage, and the youth suddenly realized his responsibilities.
"Ralph on the Engine" by Allen Chapman
The world may owe you a living, but you'll never be able to collect it till you foreclose the mortgage by hard hustling.
"Oklahoma Sunshine" by Freeman E. (Freeman Edwin) Miller
Revere-Chalmers-Sayles held a mortgage on the property of the Baptist Society of Pointview, and asked me to foreclose it.
"'Charge It'" by Irving Bacheller
They had been a good deal worried over a mortgage that the holder had threatened to foreclose.
"Helen Grant's Schooldays" by Amanda M. Douglas
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In news:

Your lender will have a hard time foreclosing on the home if it sits partially on land on which the lender does not have a mortgage or a right to foreclose .
Three foreclosed office buildings at Wilson Estates went to their mortgage-holder at a sheriff's sale on Wednesday.
Last Thursday, the Chicago City Council passed a vacant building ordinance designed to get mortgage lenders with a financial stake in vacant foreclosed properties to help keep them from falling into disrepair.
On Tuesday, Hain counseled a condominium board member in a building where a prospective buyer was interested in purchasing a foreclosed unit, but only if more people than were allowed could live there to help make the mortgage payments.
David Paul Morris/Bloomberg Bank of America won't be allowed to foreclose on a woman who believed she was modifying her mortgage, an appeals court decided.
Minnesota Attorney General Lori Swanson cannot be a stupid person, so one can only assume that her proposal to force mortgage lenders to negotiate with homeowners before foreclosing on their homes is pure populist politics.
Housing Advocates have filed a complaint against Wells Fargo, accusing the nation's largest mortgage lender of failing to maintain and market foreclosed properties in black and Hispanic neighborhoods.
Wisconsin residents who were improperly foreclosed upon received $86.2 million in relief by the end of September as a result of a national mortgage settlement with five banks accused of abuses, according to a report released Monday.
The firm, which is located near Buffalo, is what is commonly referred to as a "foreclosure mill" firm, meaning it represents banks and mortgage servicers as they attempt to foreclose on homeowners and evict them from their homes.
A NEW ORDINANCE APPROVED BY THE RIO RANCHO CITY COUNCIL THIS WEEK REQUIRES BANKS AND OTHER MORTGAGE HOLDING INSTITUTIONS TO MAINTAIN FORECLOSED PROPERTIES ALBUQUERQUE CITY COUNCILOR ISAAC BENTON TELLS 770 KKOB IT'S AN IDEA THAT INTERESTS HIM.
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