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  2. How to stop foreclosure - AOL

    www.aol.com/finance/stop-foreclosure-220538027.html

    1. Don’t ignore the problem. At the first sign of financial trouble, reach out to your lender to alert it to the issue. Doing so gives the lender an opportunity to share possible solutions ...

  3. What is a foreclosure? How it works and how to avoid it - AOL

    www.aol.com/finance/foreclosure-works-avoid...

    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 ...

  4. What is the right of redemption? How it works during foreclosure

    www.aol.com/finance/redemption-works-during...

    For example, in Alabama, borrowers have the right for up to one year after foreclosure, while Illinois gives borrowers just 30 days after the sale. Limitations of right of redemption

  5. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Private electronic market. Software. v. t. e. 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]

  6. Foreclosure consultant - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_consultant

    Although the definition may vary by jurisdiction, foreclosure consultant generally means any person who makes any solicitation, representation, or offer to any owner to perform for compensation or who, for compensation, performs any service which the person in any manner represents will in any manner do any of the following: [1] [2] Stop or ...

  7. Making Home Affordable - Wikipedia

    en.wikipedia.org/wiki/Making_Home_Affordable

    The Home Affordable Modification Program (HAMP) is designed to help financially struggling homeowners avoid foreclosure by modifying loans to a level that is affordable for borrowers now and sustainable over the long term. This is done by interest rate reduction, fixing the interest rate, principal reduction or forbearance, and term extension.

  8. What is a notice of default? - AOL

    www.aol.com/finance/notice-default-200058388.html

    A notice of default is a public notice filed with a court or local recording office to begin the process of foreclosure. A mortgage lender or servicer can file this notice after four months (120 ...

  9. How to Avoid Foreclosure: Steps You Can Take to Keep ... - AOL

    www.aol.com/2012/04/09/how-to-beat-foreclosure...

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