"Foreclosure rates" refers to the percentage of homes or properties that have been seized by a lender or bank due to the owner's failure to make mortgage payments. Full definition
These states also have among the highest foreclosure rates in the country. (247wallst.com)
By the end of 2011, the county had the highest foreclosure rate in the country — four times the national average at that point. (realtormag.realtor.org)
Despite that flexibility, these loans have had the lowest foreclosure rate of any loan product for nearly all of the last five years. (veteransunited.com)