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What is a foreclosure?

Foreclosure happens when the lender takes control of a property after a borrower misses multiple mortgage payments, defaulting on the loan. The foreclosure process can take up to several years, and if ...
Homeowners who are unable to make their monthly mortgage payment face the risk of foreclosure. In rare cases, some of these owners take the drastic step to leave their home before being kicked out—and ...
CARSON, Calif. -- A Carson, California couple is facing foreclosure because of what's known as a "zombie loan." That term refers to a second mortgage that seemed to have been forgiven or written off - ...
Mortgage delinquencies are on the rise in nearly half of U.S. states due to rising costs of homeownership, and many people—especially those who bought when interest rates were high or have recently ...
If you remember the turmoil of the global financial crisis, hearing that foreclosure activity is up might make your knees weak and palms sweaty. I know I can’t help it. After reading recent reports of ...
One metro area in Florida has attracted attention as the leader of a particular housing category in the U.S. — but it’s no cause for cheer. The state’s Lakeland region had the nation’s highest ...
After a Halloween auction was canceled when a new lender took over the haunted house's mortgage, several questions arose ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The American Dream is an increasingly difficult goal for ...
CHRISTIANE AMANPOUR, CHIEF INTERNATIONAL ANCHOR: We turn now to a story of American neighbors on different sides of the racial and class divide. Bernadette Atuahene is author and a law professor and ...