Sentence examples for incentive to foreclose from inspiring English sources

"The rules by which servicers are reimbursed for expenses may provide a perverse incentive to foreclose rather than modify," concluded a recent paper published by the Federal Reserve Bank of Boston.

These agreements have fractured the mortgage market, created a bureaucratic nightmare for homeowners and introduced perverse incentives to foreclose even when homeowners and investors would benefit from modifications.

They say the program may provide a perverse incentive for banks to foreclose.

"There's no incentive to pay off the second mortgage because there's nothing the lender can do, and the creditor can't afford to foreclose because the first lien holder gets all the money," Wyss said.

The lender moved to foreclose late last year.

It advised members not to foreclose in MERS's name.

It often takes a year for a lender to foreclose.

Banks are unable to foreclose on bankrupt firms.

Mrs. Moore's lender has been seeking to foreclose since August 2009.

Last summer, HSBC filed papers to foreclose against the Padillas.

Chinese banks, in turn, are slow to foreclose on developers.