foreclose a mortgage
11foreclose — fore•close [[t]fɔrˈkloʊz, foʊr [/t]] v. closed, clos•ing 1) law a) to deprive (a mortgagor) of the right to redeem a property, esp. after defaulting on mortgage payments b) law to subject (a property) to foreclosure c) to take away the right to… …
12foreclose — [c]/fɔˈkloʊz / (say faw klohz) verb (foreclosed, foreclosing) –verb (t) 1. Law a. to deprive (a mortgagor or pledgor) of the right to redeem his or her property. b. to take away the right to redeem (a mortgage or pledge). 2. to shut out; exclude… …
13foreclose — verb Etymology: Middle English, from Anglo French forclos, past participle of forclore, forsclore, from fors outside (from Latin foris) + clore to close more at forum Date: 15th century transitive verb 1. to shut out ; preclude 2. to hold… …
14Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets …
15mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… …
16foreclose — fore‧close [fɔːˈkləʊz ǁ fɔːrˈkloʊz] verb 1. [intransitive] BANKING PROPERTY FINANCE if a bank or building society forecloses, it takes possession of someone s property because they have failed to pay back an agreed part of a loan …
17Mortgage underwriting — is the process a lender uses to determine if the risk (especially the risk that the borrower will default[1] ) of offering a mortgage loan to a particular borrower is acceptable. Most of the risks and terms that underwriters consider fall under… …
18foreclose — (v.) late 13c., from O.Fr. forclos, pp. of forclore exclude (12c.), from fors out (Mod.Fr. hors; from L. foris outside; see FOREIGN (Cf. foreign)) + clore to shut (see CLOSE (Cf. close) (v.)). Senses i …
19foreclose — ► VERB 1) take possession of a mortgaged property as a result of defaults in mortgage payments. 2) rule out or prevent. DERIVATIVES foreclosure noun. ORIGIN originally in the sense «bar from escaping», «shut out»: from Old French forclore shut… …
20Foreclose — (обращать взыскание на заложенную недвижимость) возбудить юридическую процедуру против должника, являющегося собственником объекта недвижимости, заложенного в обеспечение погашения кредита. В рамках процедуры обращения взыскания на заложенную… …
