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Home / Foreclosure Dictionary
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Foreclosure Dictionary, Foreclosure Terms, Foreclosure Definitions
Hearing
Court proceeding as a result of a request for action by the court.
Homestead
Legal protection that is used in some states giving special protection to residential properties.
Housing and Urban Development (HUD)
Federal government department charged with administering home programs.
Hypothecate
Use security without giving up possession of the security.
Impound Account
An account that may be held by a lender for expenses and charges that can further insure a lender’s interest in real property.
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