concept   foreclosure
culture   United States
statement   Foreclosure is a legal process in the US used to reclaim property due to mortgage payment default.

5 similar statements
# Concept Culture Statement Freq.
1 foreclosure United States Foreclosure is a common process for reclaiming property from individuals who have defaulted on their mortgage payments. 1
2 foreclosure United States Foreclosure is a legal process used by lenders to seize a property when the borrower fails to make mortgage payments. 1
3 foreclosure United States Foreclosure is a significant concern for homeowners who have difficulty making mortgage payments and is a common process in the US real estate market. 1
4 foreclosure United States Foreclosure is a common way for banks to reclaim property from homeowners who have defaulted on their mortgage payments. 1
5 foreclosure United States A common legal process used by lenders to repossess property when the borrower fails to make mortgage payments. 1