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Concept information

Preferred term

false foreclosures  

Definition

  • In order to obtain a mortgage, a borrower presents a security interest to a lender. The borrower can pledge a number of acceptable assets, based on the financial lending institution's criteria, with the goal of securing a mortgage loan. [Source: Encyclopedia of White-Collar and Corporate Crime; False Foreclosures]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-GMFB86W3-0

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