See Also: foreclosure(encyclopedia)
foreclosure(dictionary)
Foreclosure(money)
Foreclosure(finance)
Foreclosure(law)
Nonjudicial Foreclosure(money)
Judicial Foreclosure(money)
FINANCE(finance)
finance(encyclopedia)
Finance(money)

Foreclosure (finance)


Process by which the holder of a mortgage seizes the property of a homeowner who has not made interest and-or principal payments on time as stipulated in the mortgage contract.