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2. How to stop foreclosure - AOL

   www.aol.com/finance/stop-foreclosure-220538027.html

   A deed-in-lieu of foreclosure involves turning over your home to a lender to avoid foreclosure proceedings. In some instances, going this route could help you avoid paying the remaining loan ...

3. What is a deed in lieu of foreclosure? - AOL

   www.aol.com/finance/deed-lieu-foreclosure...

   “A deed in lieu of foreclosure is different because it transfers the property to the lender instead of selling it to a new buyer.” Lenders could require an attempt at a short sale before ...

4. Equity stripping - Wikipedia

   en.wikipedia.org/wiki/Equity_stripping

   Subprime loans targeted at vulnerable and unsophisticated homeowners often lead to foreclosure, and those victims more often fall to equity stripping scams. [2] Additionally, some do consider equity stripping, in essence, a form of predatory lending since the scam works essentially like a high-cost and risky refinancing.

5. Loss mitigation - Wikipedia

   en.wikipedia.org/wiki/Loss_mitigation

   Short sale: This is a process whereby a lender accepts a payoff that is less than the principal balance of a homeowner's mortgage, in order to permit the homeowner to sell the home for the actual market value of the home. This specifically applies to homeowners that owe more on their mortgage than the property is worth.

6. Foreclosure rescue scheme - Wikipedia

   en.wikipedia.org/wiki/Foreclosure_rescue_scheme

   Equity stripping or equity skimming is a variation on lease-buyback and is one of the most common types of foreclosure rescue schemes. [4] In it, the perpetrator assumes ownership of the house while allowing the former owner to continue living there, provided that s/he pay rent to the perpetrator, who is the new owner.

7. What is the right of redemption? How it works during foreclosure

   www.aol.com/finance/redemption-works-during...

   Mortgage lenders use the home you buy as collateral or security for your loan. If you fail to make payments, your lender can foreclose and sell your home to recoup the money it lent you.