Concept information
Terme préférentiel
foreclosures
Définition
- Residential foreclosures occur when homeowners with mortgages default on their loans and lenders choose to exercise their collateral claim on the home. The U.S. foreclosure rate increased dramatically in the late 2000s as a result of high rates of subprime lending during the earlier part of the decade. [Source: The Encyclopedia of Housing; Foreclosures]
Concept générique
Appartient au groupe
URI
http://data.loterre.fr/ark:/67375/N9J-ZV49RRFD-Z
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}