When we were reading through real-estate data this month, three stats caught our eye. The first: that the number of active foreclosures (this is when the foreclosure process has begun on a seriously ...
No one buys a home intending to lose it to the bank — but that's what can happen if you default on your loan and enter foreclosure. With foreclosure, the mortgage lender can repossess your home and ...
If you’re behind on your mortgage payments and believe you won't be able to catch up, you may want to discuss a deed in lieu of foreclosure with your lender. A deed in lieu of foreclosure is an ...
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States where foreclosure rates are through the roof
Foreclosure activity across the United States edged down slightly from the previous month. Still, it remained significantly higher than a year ago, according to data from ATTOM, the premier provider ...
When a lender reports a foreclosure to the credit bureaus, it can cause significant harm to your credit profile. This derogatory mark generally stays on your credit reports for seven years. If you're ...
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