If a mortgage or lien is in default, that is, if there is failure to pay, a bank or secured creditor has the right to Foreclosure because the borrower/lender agreement has been broken. During Foreclosure, the bank or creditor takes possession of a parcel of real property with the right to sell it in order to pay off the mortgage. The most important type of Foreclosure is by judicial sale. This usually involves a short trial followed by a sale of the mortgaged property, under the supervision of the court. A faster method is Foreclosure by power of sale, which is available in most states and does not involve court control. In both cases, the proceeds of the sale first go to pay the mortgage holder, then other lien holders, and lastly, the mortgagor. 

• EXPERTS OFFER FORECLOSURE ADVICE..
• NEW CHARGES FILED IN COUNTY FORECLOSURE SCAM..
• MELTDOWN 101 BANKRUPTCY AND FORECLOSURE..
• MELTDOWN 101 BANKRUPTCY FILING WONT PROVIDE MUCH HELP FOR MOST BORROWERS FA..
• FORECLOSURE WONT COST YOU YOUR VOTE..
• FORECLOSURE WOES RISE..
• MORE CHARGES IN ALLEGED SD FORECLOSURE RESCUE SCAM..
• STOP YOUR FORECLOSURE..
• HOUSING FORECLOSURE CLUSTERS SEE SALES BOOM..
• ARROYO TO SIGN ANTI-FORECLOSURE BILL MONDAY - NOGRALES..
• ARROYO TO SIGN ANTI-FORECLOSURE LAW..
• BARBER AGREES TO FORECLOSURE OF SPRINGDALE OFFICE BUILDING..
• BARBER FORECLOSURE SIGNED OVER OFFICES..
• BANK INDUSTRY OPPOSES SUSPENSION ON FORECLOSURE EVICTIONS..
• RESCUED FROM FORECLOSURE ONE FAMILYS STORY..
• MY FORECLOSURE..
• ARE YOU DEALING WITH FORECLOSURE?..
• COUNTY HAS $2.7 MILLION TO HELP FAMILIES AVOID FORECLOSURE..
• STATE REPRESENTATIVES PROPOSED ACT WOULD PROTECT RENTERS DURING FORECLOSURE..
• WHAT IS FORECLOSURE INVESTING?..
• FORECLOSURE CRISIS HITS TENANTS..
• COOK CO. SHERIFF TO STOP FORECLOSURE EVICTIONS..
• COUNTY UNVEILS FORECLOSURE ASSISTANCE PROGRAM..
• STATE, BANK OF AMERICA AGREE ON PROGRAM TO HELP 11,000 NEVADANS AVOID FOREC..
• COUNTY OFFERS FORECLOSURE PREVENTION SERVICES..
• LOCAL HOMEOWNERS AVOID FORECLOSURE..
• NJ ASSEMBLY ADVANCES EMERGENCY FORECLOSURE AID..
• OHIO COUNTRYWIDE FORECLOSURE HELP..
• FORECLOSURE HITS HOME AS SACRAMENTO COUNTY WOMAN LOSES HER HOUSE..
• FACING FORECLOSURE, HOMEOWNERS STRIKE BACK AT BANKS..
• NJ MAY BILL MORTGAGE LENDERS $2,000 PER FORECLOSURE..
• FORECLOSURE TOTALS DROP FOR MONTH, STILL HIGH..
• FORECLOSURE WORKSHOP OCT. 18 AT REVERE HIGH..
• HOMESAVERPROGRAM.ORG LOAN MODIFICATION SAVES DESPERATE COUPLE FROM LOSING T..
• PALM BEACH COMMERCIAL CONDO SET FOR FORECLOSURE SALE..
• FLORIDA REACHES AGREEMENT WITH COUNTRYWIDE FOR FORECLOSURE RELIEF..
• FANNIE MAE WITHDRAWS FORECLOSURE FOR 90-YEAR-OLD OHIO WOMAN WHO SHOT HERSEL..
• FORECLOSURE LISTINGS RISE, POOR ECONOMY HURTING VALLEY..
• IN PHILLY, A MEETING BEFORE FORECLOSURE..
• KALO LOSES BUILDING TO FORECLOSURE..
• EXPERT HELP NEEDED IN FORECLOSURE CASES, JUDGE ADVISES..
• JUDGE REJECTS BID TO LINK ENSENBERGER FORECLOSURE WITH CIVIL SUIT..
• BAILOUT EXPECTED TO DO LITTLE TO RESOLVE FORECLOSURE CRISIS..
• Q WILL THE BAILOUT HELP HOMEOWNERS FACING FORECLOSURE?..
• VOTERS IN FORECLOSURE SHOULD ACT SOON..
• BAILOUT BILL MAY HELP HOMEOWNERS AT RISK OF FORECLOSURE..
• MAESTAS SHARES FORECLOSURE EXPERIENCE, DESIRE TO HELP..
• SOME STATES STEP IN WITH FORECLOSURE RESCUE LOANS..
• LONGVIEW NONPROFIT NETS DONATION TO HELP HOMEOWNERS FACING FORECLOSURE..
• COURT OKS FORECLOSURE AGAINST EX-SCHOOL..