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FORECLOSED! PREDATORY LENDING IN JEFFERSON COUNTY A REPORT TO THE LOUISVILLE URBAN LEAGUE Predatory Lending in Jefferson County A Report to the Louisville Urban League Steven C. Brass Urban Studies

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Foreclosed - lul refers to a legal process in which a lender takes possession of a property from a borrower who has defaulted on their mortgage payments.

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The lender or financial institution that initiates the foreclosure process is responsible for filing foreclosed - lul.

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The purpose of foreclosed - lul is to document and report the foreclosure activity and provide a record for regulatory and informational purposes.

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Foreclosed - lul requires reporting of information such as the borrower's name, property details, loan information, default dates, foreclosure actions taken, and any sale or transfer of the property.

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