Simple past tense and past participle of foreclose. (verb)
Examples of word foreclosed
"Part of the purpose of having a human being actually look at a file and verify that a particular mortgage should be foreclosed is to prevent that kind of thing from happening," said Alan White, a professor at the Valparaiso University Law School.
Moreover, despite a new federal law that protects renters in foreclosed properties, lenders continue to ignore the law, putting renters at risk of homelessness through no fault of their own.
The BLDGBLOG post you mentioned (presumably this one) had passed me by, so thanks for bringing bobcats in foreclosed homes to my attention.
Bank of America holds $18.7 billion in foreclosed residential loans, and services about $88 billion loans in foreclosure for third parties, a reported SNL Financial.
According to estimates by SNL Financial, Bank of America holds $18.8 billion in foreclosed home loans on its books, or 4.4% of its residential loan portfolio.