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  2. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [1] [2]

  3. These States Had The Highest Foreclosure Rates in March - AOL

    www.aol.com/states-had-highest-foreclosure-rates...

    Illinois. The Land of Lincoln had the highest foreclosure rate in all 50 states in March. Of its 5,427,357 homes, 2,130 went into foreclosure, making the sixth-most populous state’s foreclosure ...

  4. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    Real estate owned. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender —typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1] A foreclosing beneficiary will typically set the opening bid at such an auction for at ...

  5. 2010 United States foreclosure crisis - Wikipedia

    en.wikipedia.org/wiki/2010_United_States...

    The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, [1] [2] refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank ...

  6. 10 Banks Foreclosing on the Most Homes - AOL

    www.aol.com/news/2013-03-13-banks-most...

    While the number of foreclosures nationwide is thankfully coming down from its peak during the housing bust, there are still quite a few languishing out there. All signs do point to a strong ...

  7. The landmark deal, if approved by a court, could cause real estate fees to drop by as much as 30%, experts say. Get breaking Finance news and the latest business articles from AOL. From stock ...

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