Wed, March 6, 2024 at 2:22 PM UTC Some homeowners are faced with difficult financial choices, especially if they have lost a job and are living off of dwindling savings. A deed in lieu of foreclosure ...
Borrowers “handing back the keys” to commercial properties is not a new occurrence in real estate, but it is something the industry could see a lot more of this year. With mortgages maturing into an ...
Short sales and loan modifications have grown to help offset foreclosures, but banks are also turning more to deeds-in-lieu of foreclosure. Slightly more than 20,000 deeds-in-lieu of foreclosure ...
A mortgage debtor assumes a double risk: the risk of losing the mortgaged property for a default under the obligation secured by the mortgage, plus the risk of being saddled with personal liability ...