to foreclose (on) a mortgage
11Foreclose — Fore*close , v. t. [imp. & p. p. {Foreclosed}; p. pr. & vb. n. {Foreclosing}.] [F. forclos, p. p. of forclore to exclude; OF. fors, F. hors, except, outside (fr. L. foris outside) + F. clore to close. See {Foreign}, and {Close}, v. t.] To shut up …
12Mortgage — Mort gage (m[^o]r g[asl]j; 48), n. [F. mort gage; mort dead (L. mortuus) + gage pledge. See {Mortal}, and {Gage}.] 1. (Law) A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to… …
13Mortgage deed — Mortgage Mort gage (m[^o]r g[asl]j; 48), n. [F. mort gage; mort dead (L. mortuus) + gage pledge. See {Mortal}, and {Gage}.] 1. (Law) A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and …
14foreclose — [fôr klōz′] vt. foreclosed, foreclosing [ME forclosen < OFr forclos, pp. of forclore, to exclude < fors (< L foris: see DOOR), outside + clore (< L claudere), CLOSE3] 1. to shut out; exclude; bar 2. to extinguish the right to redeem… …
15Mortgage 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… …
16foreclose — (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 …
17foreclose — ► 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… …
18Foreclose — (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… …
19Mortgage — A mortgage is the pledging of a property to a lender as a security for a mortgage loan. While a mortgage in itself is not a debt, it is evidence of a debt. It is a transfer of an interest in land, from the owner to the mortgage lender, on the… …
20Mortgage law — This article is about the legal mechanisms used to secure the performance of obligations, including the payment of debts, with property. For loans secured by mortgages, such as residential housing loans, and lending practices or requirements, see …
