foreclosers
Mortgage default enforcers
Foreclosers are those who foreclose—typically lenders or financial institutions that reclaim property when borrowers default on loans.
The term appears most often in legal and real estate contexts: The foreclosers took possession of the house after months of missed payments.
Less commonly, foreclosers are those who foreclose in the sense of preventing or ruling out possibilities.
Holders of property loans
- lienholdersCreditors with security interests
- banksFinancial institutions or riversides
- lendersThose who provide loans
- creditorsThose owed payment
plaintiffs · petitioners · claimants · trustees · servicers · assignees · beneficiaries
Financial institutions or riversides
- credit unionsMember-owned financial cooperatives
- investment firmsCompanies handling financial portfolios
- hedge fundsPooled alternative investment vehicles
- private equityCapital for unlisted companies
asset managers · government agencies · HUD · Fannie Mae · Freddie Mac · VA · FHA · institutional investors
Legally taking back property
- seizingTaking forcible possession
- reclaimingTaking possession again
- auctioningSelling through competitive bidding
- evictingRemoving by legal process
dispossessing · liquidating · recovering · accelerating · defaulting · pursuing · litigating · filing
mortgagees
Holders of property loans
- lienholdersCreditors with security interests
- banksFinancial institutions or riversides
- lendersThose who provide loans
creditors · plaintiffs · petitioners · claimants · trustees · servicers · assignees · beneficiaries
banks
Financial institutions or riversides
- credit unionsMember-owned financial cooperatives
- investment firmsCompanies handling financial portfolios
- hedge fundsPooled alternative investment vehicles
private equity · asset managers · government agencies · HUD · Fannie Mae · Freddie Mac · VA · FHA · institutional investors
repossessing
Legally taking back property
- seizingTaking forcible possession
- reclaimingTaking possession again
- auctioningSelling through competitive bidding
evicting · dispossessing · liquidating · recovering · accelerating · defaulting · pursuing · litigating · filing · petitioning
foreclosersborrowers
Those receiving loans
mortgagors · debtors · homeowners · defaulters · mortgagees