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The primary source of law governing foreclosures includes state statutes and regulations, as foreclosure processes can vary significantly between states. Additionally, case law plays a crucial role, as court decisions interpret and apply these statutes. Federal Laws, such as the Truth in Lending Act and the real estate Settlement Procedures Act, may also impact certain aspects of the foreclosure process, particularly for federally backed loans. Overall, the interplay of state and federal laws shapes the legal landscape for foreclosures.

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