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  2. 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 ...

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

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

    The right of redemption is a legal process that gives homeowners who have fallen behind on their mortgage payments the opportunity to keep their home by paying the money they owe, plus interest ...

  4. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    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] Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower ...

  5. How to stop foreclosure - AOL

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

    But if the foreclosure process has already begun, there are other strategies to stop it. 2. Mortgage forbearance. Mortgage forbearance is an option that can help homeowners prevent foreclosure by ...

  6. Trustee Sales Guarantee - Wikipedia

    en.wikipedia.org/wiki/Trustee_Sales_Guarantee

    Trustee Sales Guarantee. In the United States, the Trustee Sale Guarantee (TSG) is the title guarantee that is issued at the beginning of a foreclosure. TSG helps the foreclosing trustee and beneficiary through the delivery of the information required in ensuring compliance with the statutes of foreclosure stipulated by the state.

  7. Preforeclosure: What it is and how it works - AOL

    www.aol.com/finance/preforeclosure-works...

    Preforeclosure is the first step in the foreclosure process, and it usually begins when a homeowner is 90 days past due on their mortgage. When you’ve missed three mortgage payments, the loan ...

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