If you’re behind on your mortgage payments and believe you won't be able to catch up, you may want to discuss a deed in lieu of foreclosure with your lender. A deed in lieu of foreclosure is an ...

A deed in lieu of foreclosure allows you to avoid foreclosure by giving your lender the deed to your house. A deed in lieu can do less damage to your credit than a foreclosure but means you need to ...

Borrowers “handing back the keys” to commercial properties is not a new occurrence in real estate, but it is something the industry could see a lot more of this year. With mortgages maturing into an ...

The current recession, which real estate professionals might be more inclined to call a depression, likely will continue generating an almost bottomless supply of mortgage defaults for several years ...

I’d like to propose a new acronym entered into the lexicon of the U.S. housing industry: DILF, or Deeds in Lieu of Foreclosure. Although not as vulgar as the similar pop culture acronym MILF, this new ...

A mortgage debtor assumes a double risk: the risk of losing the mortgaged property for a default under the obligation secured by the mortgage, plus the risk of being saddled with personal liability ...

Add Yahoo as a preferred source to see more of our stories on Google. With certain announcements, there are phrases or terms used that we could be somewhat familiar with but couldn't confidently tell ...