foreclosure process

collocation in English

meaningsofforeclosureandprocess

These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withprocess.
foreclosure
noun[C or U]
uk
/fɔːˈkləʊ.ʒər/
us
/fɔːrˈkloʊ.ʒɚ/
the action of taking back property that was bought with borrowed money because the money was not being paid back as formally agreed, or an example ...
See more atforeclosure
process
noun[C]
uk
/ˈprəʊ.ses/
us
/ˈprɑː.ses/
a series of actions that you take in order to achieve ...
See more atprocess

(Definition offoreclosureandprocessfrom theCambridge English Dictionary© Cambridge University Press)

Examplesofforeclosure process

These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
The time periods for the trustee's sale or power of saleforeclosureprocessvary dramatically between jurisdictions.
From
Wikipedia
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An additional 3.5 million homeowners are in theforeclosureprocessor are so delinquent on payments that they will be soon.
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In this case, the court overseeing theforeclosureprocessmay enter a deficiency judgment against the mortgagor.
From
Wikipedia
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They are often discovered after theforeclosureprocess, when the realtor or bank enters the home.
From
Wikipedia
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Other times, lenders will agree since they will end up with the property anyway and theforeclosureprocessis costly to the lender.
From
Wikipedia
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This may cause the lender to start theforeclosureprocess.
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These are sometimes referred to as abandoned foreclosures or stalled foreclosures, though this latter term is also used more broadly when theforeclosureprocesshas stalled for other reasons.
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Wikipedia
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Courts have also rejected as frivolous the argument that the mere legislative act of authorizing or regulating the nonjudicialforeclosureprocessthereby transforms the process itself into state action.
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Banks have become extremely aggressive without much patience for those who have fallen behind on their mortgage payments, and there are more families entering theforeclosureprocesssooner than ever.
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Wikipedia
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The first step of theforeclosureprocess(which typically takes a number of months) that the lender will take is to file the notice of default.
From
Wikipedia
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If the review finds that financial injury occurred because of errors or other problems during their homeforeclosureprocess, the customer may receive compensation or other remedy.
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Wikipedia
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The blog deals with finance and economic news and analysis, with a focus on legal and ethical issues of the banking industry and the mortgageforeclosureprocess.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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