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.
Today’s real estate market can be challenging for homebuyers. A sustained rise in prices has made the market increasingly expensive, and competition for properties can be intense. Bank-owned ...
Signature Bank, one of the largest U.S. banks that catered to the tech industry, was shut down by regulators on Sunday. (Spencer Platt/Getty Images) After the collapse of Silicon Valley Bank (SVB) and ...
Black investors in Atlanta are pleased to share that they are the first to acquire a bank previously owned by white people, wrapping up Black History Month with a historic acquisition. Former White ...
Milwaukee's Columbia Savings and Loan Association is celebrating 100 years in business as a Black-owned bank this Black History Month. A Black-owned bank in Milwaukee has much to celebrate during this ...