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

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

    Key takeaways. Homes become bank-owned properties after homeowners default on their mortgages and the bank forecloses. If no one opts to buy a foreclosure home at auction, the bank or mortgage ...

  3. Is It Smart to Buy a Foreclosed Home? Weighing the Pros & Cons

    www.aol.com/smart-buy-foreclosed-home-weighing...

    Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures hit the market and drove down prices nationwide. While foreclosure rates since then have fallen ...

  4. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    REO sale property in San Diego, California. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]

  5. Bank walkaway - Wikipedia

    en.wikipedia.org/wiki/Bank_walkaway

    A bank walkaway is a decision by a mortgage lender (a bank) to not foreclose on a defaulted mortgage (when the borrower has ceased to make the payments), or to not complete foreclosure proceedings (to "walk away" from the mortgage).

  6. Foreclosure suit targets properties owned by Santa Fe real ...

    www.aol.com/news/foreclosure-suit-targets...

    Foreclosure suit targets properties owned by Santa Fe real estate magnate ... one accusing the couple of defaulting on a $2.8 million bank loan and another seeking to collect a balance of more ...

  7. Pacific Southwest Building - Wikipedia

    en.wikipedia.org/wiki/Pacific_Southwest_Building

    Fresno banker William Sutherland was instrumental in the planning and construction of the building. In 1925, the Pacific Southwest Trust and Savings Bank, with Sutherland as its president, moved its offices there. [5] The building is currently owned by Beverly Hills-based developers, Sevak, Hrayr and Serko Khatchadourian. [6]

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