Sentence examples for had foreclosure from inspiring English sources

By contrast, about 50percentt of those seriously delinquent loans had foreclosure proceedings initiated against them.

He said the mortgages had foreclosure rates three times those of traditional loans and would push the F.H.A. to the brink of insolvency.

But it was impossible to ignore the number of homes that were empty or had foreclosure notices posted in the yard.

They are not alone in their hardship, as nearly 1.1 million properties had foreclosure filings in 2015.

JM: Those both are judicial foreclosure states, and both had foreclosure mediation legislation passed, requiring banks to go through some level of mediation with the homeowners before foreclosing.

Specifically, loans with risky features such as interest-only payments, negative amortization (meaning that even if the borrower makes all their payments as scheduled, the total loan balance actually goes up), prepayment penalties or interest rates that reset in less than five years had foreclosure rates three to four times that of conventional loans.

We will see parents who have had foreclosures.

"We had foreclosures, we had abandonments right here in these 99 units," Mr. Murphy said.

Legal aid groups are expected to have foreclosure offices in the courts to handle the influx.

In fact, he said, most lenders and mortgage service companies have foreclosure prevention departments.

To give a sense of scale, hard-hit markets have foreclosure rates in the 3% or 4% range.