Loss mitigation in mortgage is a process that lenders use to help borrowers avoid foreclosure and perhaps even stay in their homes. More commonly, lenders help you transition out of your home without ...

Falling behind on your mortgage payments is an incredibly stressful situation. When you miss multiple payments, the lender may start the foreclosure process to take possession of your home. However, ...

A short sale could benefit a seller, especially if the alternative is foreclosure, but there are some drawbacks Written By Written by Contributor, Buy Side Angela Mae is a contributor to Buy Side and ...

A short refinance allows you to change your home loan to one that’s less than what you owe on the property and may be more desirable for lenders than going through a foreclosure process. A short ...

WINSTON-SALEM, N.C. — If you grew up living in apartments you know what it feels like to buy a home for the first time. In 2002, Bobby Wilson and his wife purchased a house in Winston-Salem. “What a ...

Foreclosures occur when a lender takes back a property from an owner who has defaulted on their mortgage payments. Buying a foreclosed home can offer good value, but it also comes with a complicated ...

Foreclosures are once again creeping higher across the country, with thousands of homeowners facing the legal process of losing their homes. In August, there were a total of 35,697 U.S. properties ...