Foreclosure

Texas residents may not be aware of state laws that allow a homeowner to regain ownership of a home after it has been foreclosed. The process is called statutory redemption, and it allows mortgagors to reclaim their property within a limited period if they are able to...

Texas homeowners facing foreclosure may be interested in some of the ways that they can work with lenders to stop it. Depending on the lender, several options could be available.When late payments and financial challenges bring the threat of foreclosure, experts...

Chances are you've seen any number of pitches touting the potential benefits of reverse mortgages in your retirement. The concept certainly sounds appealing.If you are over 62 and have solid equity in your home, you can borrow against that equity without having to pay...

Fewer than 1,600 homes in the North Texas area were slated for foreclosure during a lender's auction earlier this month. That's the word from the Foreclosure Listing Service.That is likely to be taken as good news by most people. But we suspect that for the hundreds...

For Texas homeowners who are "underwater" in their mortgages or those who were foreclosed upon, there may be help on the way. Ocwen Financial Corp., will pay almost $70 million to Texas homeowners who lost their homes or are considered "underwater." This is to settle...

The latest numbers from RealtyTrac Inc. on the state of foreclosures nationally are likely to be greeted as good news by many. From a big-picture perspective, they are encouraging.The foreclosure listing company reported recently that the rate of homes facing lender...

Getting behind on the mortgage isn't something anyone looks to do. Unfortunately, the ebb and flow of the economic tide isn't something any of us has any control over, and an unexpected shift in personal circumstances can leave a family struggling suddenly to get by...

Think for a moment about what your home means to you. Maybe you bought it as a fixer-upper and made it your own with a little TLC. Maybe you started your family in your home. Perhaps your daughter took her first steps in the living room, or your son learned to ride...

Many of our Texas readers may likely welcome the news that being bad at math is not necessarily an indicator of low intelligence. It may, however, be an indicator that a person, if that person is a homeowner, may be at higher risk of being faced with the challenges of...