A decree of foreclosure and sale is a statement issued by a court indicating that a piece of property is to be sold when a mortgage has gone into default.

Should you opt for a short sale or a foreclosure? As a homeowner faced with a difficult situation, there are pros and cons to each. Generally, a short sale will work more in your favor. As a homebuyer ...

As mortgage rates fall and foreclosures rise, is a foreclosure something aspiring homebuyers should consider?

At first glance, a foreclosure and a short sale can seem similar. After all, they both occur when you're having trouble covering the costs of owning your home. However, if you're facing one of these ...

Foreclosure is back at the center of the U.S. housing story, as lenders step up efforts to reclaim properties from struggling ...

Nearly 2.4 million homeowners have lost their homes to foreclosure since the housing market turned south in 2006, and that number is expected to climb to six million before the bust is over. First to ...