A foreclosure occurs when a lender takes control over a property from a borrower who has failed to make timely payments. A foreclosure can damage your credit score and result in the loss of your home.

Know and understand the six key steps. Fact checked by Rebecca McClay When a borrower misses a certain number payments on ...

Foreclosure activity rose notably in 2025, according to the ATTOM Year-End 2025 Foreclosure Market Report, reflecting a broader trend toward normalization in the housing market after several years of ...

Foreclosure is the legal process of a lender repossessing a mortgaged property from a borrower due to non-payment. The process begins with notifications sent to borrowers that they are in arrears and ...