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Bank owned properties, aka real estate owned or REO, are those that have been taken over by lenders due to problems paying the mortgage. These properties may be sold at bargain prices to move quickly.

ATTOM, a provider of property data and real estate analytics, released its May 2026 U.S. Foreclosure Market Report, which shows there were a total of 40,355 U.S. properties with foreclosure ...

Foreclosure activity across the US pulled back slightly in May but continued its slow upward march on an annual basis, ...

U.S. foreclosure activity climbed on an annual basis for the 11th consecutive month in January 2026, underscoring mounting strain in pockets of the housing market even as overall distress levels ...