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2. How to stop foreclosure - AOL

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

   8. Refinance with a hard money loan. You won’t like the high interest rates and fees of a hard money loan — one from a private lender, often an individual — but it might buy you some time to ...

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

   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 ...

6. Equity of redemption - Wikipedia

   en.wikipedia.org/wiki/Equity_of_redemption

   The equity of redemption was the right to petition the courts of equity to compel the mortgagee to transfer the property back to the mortgagor once the secured obligation had been performed. [ 1] Today, most mortgages are granted by statutory charge rather than by a formal conveyance, although theoretically there is usually nothing to stop two ...

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 ...

8. Foreclosure rescue scheme - Wikipedia

   en.wikipedia.org/wiki/Foreclosure_rescue_scheme

   A foreclosure rescue scheme is a scam that targets those whose house is facing potential foreclosure. The scheme preys on desperate homeowners whose mortgages are in default by offering to prevent the foreclosure. [1] [2] There are various ways in which foreclosure rescue schemes work, causing different types of harm to the homeowners, but all ...

9. What is loss mitigation? - AOL

   www.aol.com/finance/loss-mitigation-131710263.html

   Loss mitigation means a mortgage lender or servicer will offer relief or repayment options to a borrower struggling to keep up with their loan payments. Your servicer might refer to this process ...