A foreclosure occurs when a lender takes control over a property from a borrower who has failed to make timely payments. A foreclosure can damage your credit score and result in the loss of your home.

Six hundred days. That’s how long, on average, mortgage loans in the foreclosure process in New York have been delinquent. That’s the longest average in the nation, but not by much, according to LPS ...

A foreclosure notice doesn’t mean you automatically lose your home in 30 days; experts say there are viable ways to delay, and potentially prevent, the bank from taking a home. “One of the best ways ...

If you remember the turmoil of the global financial crisis, hearing that foreclosure activity is up might make your knees weak and palms sweaty. I know I can’t help it. After reading recent reports of ...

Foreclosure activity nationwide continued its year-over-year ascent in January 2026, according to the latest ATTOM Data ...

If you’re facing financial hardship and falling behind on your mortgage payments, here’s how to avoid losing your property. David McMillin writes about credit cards, mortgages, banking, taxes and ...

Randy Johnson, president of Independence Mortgage Co. in Newport Beach, author of “How to Save Thousands of Dollars on Your Home Mortgage” and a mortgage broker since 1983, answers questions… A.

Foreclosure happens when the lender takes control of a property after a borrower misses multiple mortgage payments, defaulting on the loan. The foreclosure process can take up to several years, and if ...