Sentence examples for foreclosure it from inspiring English sources

Will getting some cash out of borrowers in the short term (by, say, extending the life of the loan to reduce the payments) prove a better deal for investors than immediate foreclosure?It is one thing to assess the effects of modifying terms on a single mortgage-backed security, which is likely to have one firm servicing it.

With the national average home price down more than 30 percent from its highs and millions of homeowners in danger of foreclosure, it's clear only a smaller mortgage market is really sustainable.

When Freddie sells properties, either before or after foreclosure, it generates losses of 39 percent, on average.

Here, it is not individual homes that are most under threat of foreclosure — it is whole apartment buildings occupied by hundreds of families.

Herb Blecher, an LPS senior vice president, said that even as more houses were lost to foreclosure it might create a chain reaction.

He added that if a borrower had a credit score of 700 before a foreclosure, it could take seven years to regain that level.

After the area works though its supply of foreclosures, it will be prepared to recover, according to First American Core Logic.

But by preventing a chunk of additional foreclosures, it could help ensure that prices do not fall much further before bottoming out.

While California used to have five cities ranked on the list of the 10 highest in foreclosures, it now has eight such cities.

But with plunging house prices and a rash of foreclosures, it goes down more like a mood-chilling morning-after pill.

But in a rush to process hundreds of thousands of foreclosures, it turns out that the signers at Chase and GMAC processed 10,000 or more documents a month — "robo-signing" in industry parlance — without personal knowledge of the facts.