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{%type%} Definitions

WordNet 3.0Copyright Princeton University


Short "hint"

To bring to an end. Also: to bar or cut off for a default in payment of what is due on a mortgage.

Usage examples (39)
  • The bank wanted to foreclose on that property because the owner did not keep up on the payments.
  • "They granted you a mortgage, and that's recorded in the land records, and the company that has the mortgage and can foreclose is MERS."
  • We also believe that Fannie should have guidelines allowing servicers to proceed on a foreclosure only when its legal entitlement to foreclose is clearly documented.
  • Town Counsel Gerald Moody said the town could then foreclose, which is uncommon because people will usually find the money to keep their homes and property. for more
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