Sentence examples for foreclosed borrowers from inspiring English sources

Lenders in California rarely chase foreclosed borrowers for deficiency judgments.

For foreclosed borrowers hit with unexpected tax bills, figuring out if they have been wrongly charged can be an insurmountable burden.

If foreclosed borrowers left a property while owing the difference between the amount of the loan and what the bank received in a sale of the home, the bank may not have known the borrowers' whereabouts until that information was reported in a request for review.

Lawmakers could also adopt a right-to-rent policy, requiring banks to let foreclosed borrowers rent their homes for several years at a fair-market rate.

The agency has been working to improve its finances by tightening underwriting standards even as it continues to try to assist the housing market by insuring mortgages with down-payments as low as 3.5% and easing rules for foreclosed borrowers.

Besides criticizing the national mortgage settlement, which was mostly meant to help foreclosed borrowers, Geithner faults a Justice Department mortgage fraud task force as a "good idea, (that) delivered little".

During the delay, the agency has foreclosed on borrowers at a record rate.

The banks — led by the five biggest mortgage servicers, Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial — want to settle an investigation into abuses set off in 2010 by evidence that they foreclosed on borrowers with only a cursory examination of the relevant documents, a practice known as robo-signing.

Bank of America is currently under federal investigation regarding charges it has illegally foreclosed on borrowers.

The settlement will resolve claims that five of the nation's largest banks forged documents and wrongfully foreclosed on borrowers in what has come to be known as the "robo-signing" scandal.

A settlement would bar servicers from foreclosing on borrowers amid a loan modification, for example.