New York Focus identified more than a thousand cases where the use of a controversial interest formula increased a house’s ...

VA- and FHA-backed mortgages helped drive the increase in property volume, but sales did not maintain the same pace, ...

What is REO when it comes to real estate? It stands for real estate owned, and it’s a term you’ll see when a bank or lender takes ownership of a home after a failed foreclosure auction. When a ...

Charles Cohen’s 750 Lexington Ave., a 350,000 square-foot office tower at East 59th Street, was sold back to its lender U.S. Bank for a nominal $1,000 sum at a foreclosure auction Wednesday.

Days before a scheduled foreclosure auction, the nonprofit St. Paul Downtown Development Corporation announced earlier this month it had bought the U.S. Bank Center’s distressed mortgage from First ...