foreclosed homes

Is Foreclosure Investing for You?

Almost 1.2 million properties in the country are in some form of foreclosure, and there lie opportunities for the savvy and educated investor.

Guess What Wall Street's Doing With Foreclosed Homes?

Despite the new housing construction boom, there are still lots of empty foreclosures out there, which banks have been trying to rent. But now, Wall Street wants to bundle those rental properties into securities and sell them to investors. Does this sound disturbingly familiar?

Did Capital One Target Deployed Soldiers for Foreclosure?

Legally, banks are forbidden to foreclose on the homes of our nation's deployed servicemembers, and they're supposed to cut them a break on credit card interest, too. Seems Capital One has been breaking those rules -- but it may not be a scandal.

New Business for Big Banks: Slumlording

The nation's biggest bailed-out banks have unintentionally entered a new line of work: slumlording. In some cases, major banks have created whole neighborhoods of abandoned and deteriorating foreclosure properties -- and a blight on local municipalities.

Foreclosure Prices Dip Again: A State-By-State Look

Bargain hunters looking to snap up foreclosed homes found prices dipped again in the first quarter, with Ohio and Illinois offering the steepest discounts, according to figures released this week. But if you're getting ready to you whip out your checkbook, you may want to wait a bit longer.