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A HUD auction is a form of foreclosure auction except the original lender was a federal agency instead of a private lender. The United States Department of Housing and Urban Development (HUD), is the insurer of loans made through a variety of government programs, particularly FHA loans .
The process—usually achieved with a combination of intimidation, threats, and physical force—effectively circumvents foreclosure by forcing the lender to relinquish the property without an opportunity to recuperate the balance of the loan. The term arose during the foreclosure of farms during the Great Depression in the United States.
1653 in transport (empty) W. 1653 works (7 C, 14 P) Pages in category "1653" The following 5 pages are in this category, out of 5 total. This list may not reflect ...
1653 establishments in North America (1 C, 1 P) T. 1653 in the Thirteen Colonies (5 C) This page was last edited on 24 February 2022, at 19:49 (UTC). Text is ...
1653 was a common year starting on Wednesday of the Gregorian calendar and a common year starting on Saturday of the Julian calendar, the 1653rd year of the Common Era (CE) and Anno Domini (AD) designations, the 653rd year of the 2nd millennium, the 53rd year of the 17th century, and the 4th year of the 1650s decade. As of the start of 1653 ...
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