Extended-term mortgages re-enter national housing discussions as affordability pressures persist. BOCA RATON, FL, ...

Even with options in place to prevent them, reverse mortgages can end in foreclosure. But Byron Batres thinks his company can offer a solution to reduce these outcomes. Batres is the founder and CEO ...

Homes can become bank-owned properties if the homeowner defaults on their mortgage and the bank forecloses. Bank-owned properties may also be referred to as real estate owned, or REO for short.

Richard Mack, Chairman & CEO, highlighted the "continued signs of stabilization and recovery across the broader real estate market" and noted that "liquidity has slowly but steadily returned to the ...

The Single Family, Fannie Mae/Freddie Mac, Uniform Mortgage, Form 3031 1/01 (uniform mortgage), used for the vast majority of residential mortgages in New Jersey, will soon be replaced (after 20 years ...

Mortgage delinquencies are rising 15 percent year-over-year, signaling a potential increase in foreclosures as American households grapple with inflation, low housing supply and high mortgage rates.

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 ...