Angela Mae is a contributor to Buy Side and an expert on consumer loans, debt management, investing and retirement planning. A short sale involves selling the property for less than you owe on the ...

When a homeowner has gotten behind on their mortgage payments, they might do a short sale to avoid foreclosing on their home. In a short sale, the homeowner’s lender agrees to sell the house for a ...

With millions of Americans possibly facing foreclosure, the demand for help is outstripping supply. The latest Treasury report on the government's Making Home Affordable modification program notes, ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...