"Recent foreclosure" refers to a situation where a property, such as a house or a piece of land, has been taken back by the bank or lender because the owner failed to make mortgage payments on time. Full definition
Recent foreclosure freezes by some lenders who allegedly failed to follow legal procedures (read more) add a new complication for those trying to bring stability to distressed neighborhoods. (realtormag.realtor.org)
A large percentage will lose their homes during the coming year — just look at recent foreclosure reports. (fhaloanpros.com)
If you've followed recent foreclosure reports, you may have noticed that a lot of banks are under fire for not showing up in mediation sessions with all the required paperwork. (wellingtonfloridashortsales.com)