housing

subprime mortgage

A subprime mortgage is a subprime loan used as a mortgage (to buy property, such as a house).

See also: debt, credit score

[Last updated in June of 2022 by the Wex Definitions Team]

unlawful detainer

An unlawful detainer, also known as an eviction lawsuit, is a summary proceeding to determine the right to possession of real property. Moreover, the sole issue in an unlawful detainer action is possession of the premises, and no other issue...

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