24/7 Wall St. took a look at the 10 banks foreclosing on the most homes. They found that these banks often don’t own the mortgages on the foreclosures themselves — they are servicing them on behalf of another institution. But the banks could still stand to lose money even if they don’t own the mortgages.
The 10 banks foreclosing on the most homes
Most Popular Articles
Latest Articles
Labor market report is good news for mortgage rates
Friday’s jobs report came in as a miss of estimates and wage growth came in lower than expected, which is good news for mortgage rates.
-
Virginia Realtors: Zillow’s touring agreement may not be legal
-
Low inventory creates challenging conditions in North Carolina’s housing market
-
Tri-state area housing shortage could cost the region economically
-
Remote reverse mortgage counseling now permanently permitted in Massachusetts
-
NAR settlement terms slated to go into effect in mid-August