Sharon nods, but explains that if they keep missing their mortgage payments, the bank will foreclose.
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The Indian outsourcers say they won't be giving final approval for banks to foreclose on loans.
This way, the insurer is not forced to foreclose, unless it is to its advantage.
Critics have said this last provision would make it less costly for lenders to foreclose.
Housing mortgages barely exist, in part because judges are reluctant to allow banks to foreclose.
Three years after that, the money ran out again and Fust filed to foreclose.
The lender can foreclose on the property, and then go sue the borrower for the deficiency.
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During that time, the average length of time it takes to foreclose on a home has skyrocketed.
Some of that is the function of how long it actually takes for a bank to foreclose.
The detailed planning and ponderous logistics associated with such a transfer increasingly foreclose options to change course.
The munificent donor to many good causes was ready to foreclose on a loan to his son.
Afraid that the bank is going to foreclose any day, Amato has been moving her belongings into storage.
Mr. MARKS: Sit on these mortgages, and then they'll foreclose and throw the homeowners out of their homes.
"One of the outcomes of the 'robo-signing' scandal is that it is more difficult to foreclose, " said Mr. Baker.
Any decision to foreclose, however, requires a majority vote among all the creditors.
In a dynamic world like today's, such tie can open, and their absence foreclose, important political and strategic options.
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The only point my trip is meant to make is that no-one else has the right to foreclose that decision.
The one distinguishing feature of a debtholder in the old days was his right to foreclose if the debt went unpaid.
The pledge comes just three days after a 53-year-old woman committed suicide as authorities were preparing to foreclose on her home.
He helped protect a woman from losing her electricity and from a mortgage company that was threatening to foreclose on her home.
This means that the bank has initiated proceedings to foreclose upon the property, but the home is not listed for sale yet.
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While concluding the broadcasters' due process rights were violated when they were not given fair notice, the court did not foreclose future enforcement.
Lawyers around the country are ginning up suits based on the second theory against banks that are trying to foreclose on defaulted borrowers.
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In some ways, sexual identity categories foreclose this opportunity by locking us into place and stemming the possibility of reconceiving and reimagining the world.
They contain, among other things, controversial proposals to speed up bankruptcy proceedings and make it easier for creditors to foreclose on bad debtors' assets.
Up to half of those struggling to pay ignore calls and letters, assuming that the reason for contact is to foreclose rather than negotiate.
The firm plans to foreclose on some of the homes backing the loans and do workouts on others, possibly selling the loans for a profit.
Lenders of all stripes clearly prefer to foreclose on delinquent borrowers.
The banks, he says, hesitate to foreclose on loans and mortgages because most of the farmers he knows are just as badly in the red.
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But to unwind these assets, Sareb and other financial institutions need to be able to sell them to investors who can foreclose and evict borrowers in default.
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