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.

With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...

Getting a bargain or reduced price on a home in today’s market seems like a long shot. But a bank-owned property may offer one way for a homebuyer to purchase an affordable home or a home in an area ...

WASHINGTON (Legal Newsline) — This week, the National Fair Housing Alliance, along with five member organizations, added four more cities to a federal housing discrimination complaint against Bank of ...

KINGSTON, N.Y.— Ulster County Pat Ryan has given his backing to a legislative effort to create a countywide land bank intended to help turn foreclosed properties into workforce and affordable housing.

The city of Los Angeles is suing Deutsche Bank, claiming the German financial institution has allowed hundreds of foreclosed properties to fall into disrepair. It also alleges Deutsche Bank illegally ...

The three properties previously owned by Marc Moen, Robert Jett, and Monica Moen, as well as others, were foreclosed upon by ...