Sentences with phrase «generated by the foreclosure»
Not exact matches
The strategy defrauds banks and mortgage markets by definition; and, generates foreclosures, which can lower home values broadly within a neighborhood.
https://themortgagereports.com/
FHA guidelines encourage mortgage lenders to work with distressed homeowners to prevent foreclosure, but when mortgage lenders incur losses related to defaulted FHA loans, FHA reimburses lenders from funds generated by payment of FHA mortgage insurance premiums by FHA borrowers.