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• the process by which a homeowner may voluntarily transfer the deed to a home to the servicer when payments cannot be made.

  Departments of the Treasury & Housing and Urban Development, Making Home Affordable Program - Cite This Source - This Definition
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  Cite Definition for Deed-in-Lieu of Foreclosure

  American Psychological Association (APA)

  Deed-in-Lieu of Foreclosure. (n.d.). Making Home Affordable Glossary. Retrieved March 27, 2023, from website: http://www.expertglossary.com/definition/deed-in-lieu-of-foreclosure.

  Chicago Manual of Style (CMS)

  Deed-in-Lieu of Foreclosure. www.makinghomeaffordable.gov. Making Home Affordable Glossary. Departments of the Treasury & Housing and Urban Development, Making Home Affordable Program. http://www.expertglossary.com/definition/deed-in-lieu-of-foreclosure (accessed: March 27, 2023).

  Modern Language Association (MLA)

  "Deed-in-Lieu of Foreclosure." Making Home Affordable Glossary. Departments of the Treasury & Housing and Urban Development, Making Home Affordable Program. 27 March. 2023 http://www.expertglossary.com/definition/deed-in-lieu-of-foreclosure.

• Browse Related Terms: Closing, Deed-in-Lieu of Foreclosure, fee, Foreclosure Prevention, HAFA Short Sale, Pre-foreclosure, Servicing transfer, Short Sale

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