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Posts Tagged ‘right to redeem’

Can the Bank Ever Prove a Foreclosure Case?

08.19.2009 · Posted in Mortgage Articles

Many homeowners are not quite clear on how the foreclosure process works in their state, especially due to differences between judicial and nonjudicial foreclosure proceedings. State law and federal lending law may also affect how the process moves forward, as HUD-guaranteed loans or those insured by the FHA can complicate the matter even further. ...

Two Rare Types of Foreclosure – Can the Bank Use Them on You?

08.17.2009 · Posted in Mortgage Articles

A few states still allow two different methods of foreclosure, one called strict foreclosure and the other called foreclosure by entry and possession. While they are used in only a minority of cases, borrowers should be aware of them. ...