Mortgage Foreclosures

Mortgage Foreclosures
By:A. Nicole Clowers
Published on 2011-04 by DIANE Publishing

Entities responsible for managing home mortgage loans -- called servicers -- may initiate foreclosure proceedings on certain delinquent loans but then decide to not complete the process. Many of these properties are vacant. These abandoned foreclosure -- or |bank walkaway| -- properties can exacerbate neighborhood decline. This report assessed: (1) the nature and prevalence of abandoned foreclosures; (2) their impact on communities; (3) practices that may lead servicers to initiate but not complete foreclosures and regulatory oversight of foreclosure practices; and (4) actions some communities have taken to reduce abandoned foreclosures and their impacts. Charts and tables. This is a print on demand report.

This Book was ranked at 16 by Google Books for keyword Mortgage.

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Book which was published by DIANE Publishing since 2011-04 have ISBNs, ISBN 13 Code is 9781437944907 and ISBN 10 Code is 1437944906

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