Foreclosure

The legal process by which borrowers who cannot pay their mortgages may have their homes seized by a bank or other lender and sold, preferably for the amount owed. Foreclosure laws are based on state statutes.

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Mortgage Refinancing in a Recession

June 23, 2020

With mortgage rates near record lows and the economy mired in a serious recession, there has never been a better or more urgent time to refinance a home.

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Foreclosure, Mortgage rates, Recession