Banks often sell repossessed properties for less than the value in the open market because they want to recoup their costs as fast as possible. This means that buying this type of property can be a ...

Based on ATTOM's newly released July 2024 U.S. Foreclosure Market Report, there was a total of 31,929 U.S. properties with foreclosure filings - default notices, scheduled auctions or bank ...

Fifth Third Bank has taken legal action to repossess three corporate jets owned by companies tied to real estate development firm Newton Oldacre McDonald LLC, claiming the companies defaulted on more ...

Wall Street is concerned about the health of the nation’s regional banks, after a few of them wrote off bad loans to commercial customers in the last two weeks.

U.S. Century Bank continued its year-end house cleaning of repossessed properties by selling a vacant commercial site near Cutler Bay to an affiliate of Ugo Colombo ...

The First National Bank of Wellston admits it mistook Katie Barnett's home for one of its foreclosed homes across the street. Barnett, who had been away from the house for about two weeks, said she ...

Royal Bank of Scotland, the nationalised bank, has sent threatening letters to homeowners saying that their homes will be repossessed if they fail to repay their entire mortgage within 30 days.

An all too common occurrence today is a debtor filing a Chapter 13 bankruptcy petition to regain possession of a vehicle that was repossessed pre-petition. Does the creditor have to return the vehicle ...