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单词 foreclosure filing
释义

foreclosure filing

Definition
A statutory procedure required of mortgage lenders following a period of default by a borrower. Depending upon state laws, the lender may file a judicial filing, whereby a court order is sought to compel the homeowner to vacate, or a non-judicial filing, whereby the lender begins by issuing a notice of default to the homeowner.
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更新时间:2025/4/16 22:17:40