Foreclosure rates for U.S.-based properties in October rose by nearly a third from last year and 2% from the month before, as homebuyers wrestle to keep up with the rising costs of goods and services.

After consideration, you've just bought a home that was in foreclosure! Congrats, but also, good luck. Foreclosure is the process banks and other lenders use to sell a home that's been repossessed.

LOS ANGELES – Fewer U.S. homes are completing the foreclosure process and ending up repossessed by banks because investors increasingly are buying up properties when they go on sale at public auction.

LOS ANGELES (AP) – Lenders repossessed fewer U.S. homes in January, bringing the number of completed foreclosures down to the lowest level in more than six years. Even so, many states posted sharp ...

Foreclosure can be a long process. It starts when a homeowner defaults on a mortgage and a bank or financial institution repossesses the home. And it ends when the bank sells the property to recoup ...

Keeping the flow of foreclosures moving is crucial for the sluggish housing market, which is still trying to regain its strength after five years of elevated foreclosures. Foreclosure activity in the ...

Lenders took possession of fewer U.S. homes in 2012 than a year earlier, as the pace of new homes entering the path to foreclosure slowed and banks increasingly opted to allow troubled borrowers to ...

NEW YORK — The bleakest year in foreclosure crisis has only just begun. Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006. About 5 ...