Foreclosure activity in the U.S. surged for the ninth consecutive month in November, as homeowners face ongoing challenges.

Key Takeaways Foreclosure activity in November was 21% higher than the same period last year, continuing a trend this year of ...

Every three months, 250,000 American families enter into foreclosure throughout the United States, according to data compiled from the Mortgage Bankers Association. Despite how life-altering it can be ...

When a homeowner can’t make mortgage-loan payments and the lender repossesses the property, the home becomes foreclosed and is typically available for sale soon after. Many benefits can come with ...

Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S.

Despite increases in home prices and a stabilizing housing market, many experts say the foreclosure crisis is far from over. But buying a foreclosed home is different from buying a typical resale. In ...

For those looking to score a deal on a home, foreclosed properties can offer a great opportunity. Lenders are looking to unload the property and will often offer up a deep discount to do so quickly.

In recent years, foreclosed homes have gained popularity among buyers looking for more affordable entry points into the real estate market. Whether you’re a first-time homebuyer, an investor, or just ...

Foreclosure rates are surging across the US, with thousands of homeowners finding themselves in crisis and unable to pay off their home. But foreclosure, when a bank reclaims a home after missed ...