A deed in lieu of foreclosure allows you to avoid foreclosure by giving your lender the deed to your house. A deed in lieu can do less damage to your credit than a foreclosure but means you need to ...

Amidst soaring interest rates and the recent swell in commercial real estate loan workouts, borrowers and lenders alike are increasingly considering an alternative to the traditional and sometimes ...

A mortgage debtor assumes a double risk: the risk of losing the mortgaged property for a default under the obligation secured by the mortgage, plus the risk of being saddled with personal liability ...

Short sales and loan modifications have grown to help offset foreclosures, but banks are also turning more to deeds-in-lieu of foreclosure. Slightly more than 20,000 deeds-in-lieu of foreclosure ...

If you’re a commercial property owner facing the threat of foreclosure, or just skimming headlines you’ve likely seen the phrase “giving back the keys”. Although this expression may sound like an ...

The next steps for an office-to-residential conversion just off Wacker Drive look murky after developer Intersection Realty Group gave up the building to its lender through a deed-in-lieu foreclosure ...

Subscribe to BizTimes Daily – Local news about the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin. Learn more about: Old Second National Bank Larry Garland A 30 ...

The owner of a hotel in a 16-story River North building handed the property over to a lender to avoid foreclosure after trying — and failing — to sell it since early 2024, in the latest reminder that ...

The deed in lieu of foreclosure was filed Friday with the D.C. Recorder of Deeds. One of D.C.'s oldest fine-dining restaurants is closing Prominent Alexandria office building to be sold at foreclosure ...