Finance

In addition to bank-owned properties, there are two types of foreclosures you can buy: 1. pre-foreclosure; 2. sheriff’s auction. All three are affected by concerns over the way foreclosures have been handled.  Read More:

After Bank of America announced Friday that it was halting home foreclosures across the country, local companies were forced to take action. Litton Loan Servicing, a mortgage company based in Houston, stopped some foreclosures so it could review its documents. Another local company, Stewart Title, halted the sales of foreclosed homes. “The victim, of course, […]