With home prices staying high and mortgage rates still above 6.8% as of mid-2025, many buyers are exploring alternative ways to enter the housing market. One option that continues to spark interest is ...

Bank owned properties, aka real estate owned or REO, are those that have been taken over by lenders due to problems paying the mortgage. These properties may be sold at bargain prices to move quickly.

Three homeowners sue Bank of America for foreclosing on the wrong homes. Jan. 25, 2010 — -- Some 2.8 million homeowners faced the threat of foreclosure last year, but it wasn't supposed to happen ...