Sentence examples for foreclosure system from inspiring English sources

PAGE A7 SPAIN'S FORECLOSURE PROTESTS Young people battling Spain's harsh foreclosure system have moved their protests from city squares to individual homes, securing some promised changes in the process.

They don't want to merely reform the foreclosure system (though that would be nice, wouldn't it?).

In short, bankruptcy has become, and will remain, a kind of "super" foreclosure system for large corporations.

That's 7.3 percent of the affected borrowers during the period, a figure that does not mirror the widespread problems regulators said they had identified in the foreclosure system.

The lenders maintain the errors involved mere technicalities, while lawyers for defaulting homeowners say they are symptomatic of a foreclosure system out of control.

While there is no law against such purchases, Mr. Miller said the issue could prove significant because it expanded the possibilities of where and how the foreclosure system failed.

About half of the 50 states have judicial foreclosure systems.

Unless the government deals as aggressively with foreclosures, the system will likely face the abyss again.

Lawyers challenged MERS's ability to bring foreclosure proceedings because the system does not technically own the security or note underlying properties, as required.

But in doing so they are working against the Treasury's broader goals: reducing the chances of foreclosure, cleansing the financial system of bad debts and negative equity, and rejuvenating lending.

They declared that they had found no "systemic" threat to the financial system from the foreclosure problems, spoke of "mistakes" and "errors" rather than pervasive fraud and said the banks and servicers now need to "fix" their "processes".