Other Real Estate Owned is a bank accounting term that refers to real estate owned by a bank that is not directly related to ...
Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Doretha ...
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 ...
Foreclosure activity has declined significantly since the housing crisis of the late 2000s, and distressed home marketplace Auction.com reported this week that it expects the number of ...
ATTOM attributes the decline in foreclosure rates and the low number of zombie foreclosures to high homeowner equity. Nearly 1.4 million (1,357,423) residential properties in the United States are ...