The complaint filed in U.S. District Court in Maryland asserts that bank-owned homes in communities of color are more likely to have overgrown grass, unsecured doors, and attract health and safety ...

Homes can become bank-owned properties if the homeowner defaults on their mortgage and the bank forecloses. Bank-owned properties may also be referred to as real estate owned, or REO for short ...

The federal Fair Housing Act lawsuit claims Bank of America-owned properties in working- and middle-class minority neighborhoods were routinely neglected, suffering from overgrown weeds, graffiti ...

Bank-owned properties may offer rare bargains in this market and may even give ordinary homebuyers an edge over big-money investors. What Are Bank-Owned Properties?

Jayson Meyerovitz, a broker who is concerned about bank-owned foreclosures, looks at a bank-owned home in Surprise, Ariz. on May 13. The nation's biggest banks and mortgage lenders have amassed a ...

This home in the 2000 block of Allis Street of Edgewater is one of the many bank-owned properties in Maryland resulting from foreclosures.

But bank-owned properties, also known as real-estate owned houses, could be an affordable option for first-time or move-up homebuyers. Lenders are anxious to unload repossessed properties, and ...

It's a bit like guessing how many pennies are in a gallon jug at the state fair, but housing analysts keep trying to count how many foreclosed homes banks and mortgage investors own.

Thousands of metro-area residents are still living in their foreclosed homes, even after ownership has reverted to the bank. In its first look at the phenomenon, foreclosure research firm RealtyTra… ...

Banks that own vacant, rundown houses in Los Angeles soon could lose control of those properties to the city, which wants to fix them up and sell them.

Homes can become bank-owned properties if the homeowner defaults on their mortgage and the bank forecloses. Bank-owned properties may also be referred to as real estate owned, or REO for short ...