Foreclosure is the legal process by which a lender seizes and sells a home or property after a borrower is unable to meet ...

Fannie Mae and Freddie Mac helped to prevent 60,592 foreclosures through various actions in the first quarter of 2025. Since being placed under federal conservatorship in September 2008, they’ve ...

A short refinance allows you to change your home loan to one that’s less than what you owe on the property and may be more desirable for lenders than going through a foreclosure process. A short ...

WASHINGTON — A mortgage industry group representing small and mid-sized lenders urged Department of Veterans Affairs Secretary Doug Collins to delay ending a home loan rescue program run by the VA ...

Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac completed 58,268 foreclosure prevention actions during the first quarter of 2023, raising the total number of homeowners who have ...

WASHINGTON — A plan by the Department of Veterans Affairs to introduce a low-interest refinancing option for veterans with VA-backed loans facing foreclosure drew ire of a House lawmaker who ...

Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Reicaden / Getty ...

Why we chose it: Carrington Mortgage Services (NMLS #2600) offers three specialized refinance loans that allow borrowers with credit scores as low as 550 to qualify. Carrington’s Flexible Advantage ...

Totals are extrapolated based on ICE’s loan-level database of mortgage assets. All whole numbers are rounded to the nearest thousand, except foreclosure starts and sales, which are rounded to the ...