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  2. Bank-owned properties: What are they and where can I ... - AOL

    www.aol.com/finance/bank-owned-properties-where...

    For example, Bank of America and Wells Fargo each have an online hub of REO listings. Online home auction sites — like Auction.com and HUDHomesUSA — allow you to filter by REO foreclosure ...

  3. Preforeclosure: What it is and how it works - AOL

    www.aol.com/finance/preforeclosure-works...

    Acting quickly during preforeclosure can help homeowners stay in their homes or avoid foreclosure. Missing a few monthly mortgage payments is a predicament that can happen to almost any homeowner ...

  4. How to stop foreclosure - AOL

    www.aol.com/finance/stop-foreclosure-220538027.html

    Key takeaways. Foreclosure occurs when a homeowner stops paying their mortgage for an extended period — typically 120 days following the first missed payment.

  5. 2010 United States foreclosure crisis - Wikipedia

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

    The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank of America, JP Morgan, Wells Fargo, and Citigroup—responded by halting their foreclosure proceedings temporarily in some or all states.

  6. List of banks acquired or bankrupted during the Great Recession

    en.wikipedia.org/wiki/List_of_banks_acquired_or...

    Mortgage lender February 21, 2007: First Merchant Bank: withdrawal of the concession Offshore bank [1] April 2, 2007: New Century: Chapter 11 bankruptcy and liquidation Mortgage lender [2] August 6, 2007: American Home Mortgage: Chapter 11 bankruptcy and liquidation Mortgage lender [3] August 31, 2007: Ameriquest Mortgage: Chapter 11 bankruptcy ...

  7. Mortgage servicer - Wikipedia

    en.wikipedia.org/wiki/Mortgage_servicer

    A mortgage servicer is a company to which some borrowers pay their mortgage loan payments and which performs other services in connection with mortgages and mortgage-backed securities. The mortgage servicer may be the entity that originated the mortgage, or it may have purchased the mortgage servicing rights from the original mortgage lender. [ 1 ]

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