When you fall behind on mortgage payments, your lender may eventually take your home to recoup the loss. But that won’t happen right away. Lenders must follow a series of steps that start with ...

anely Sandoval’s calling to be a pre-foreclosure peacemaker started when she was in high school. “My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who ...

Pre-foreclosure vs. Foreclosure The pre-foreclosure phase begins when a loan servicer sends a borrower a notice of default. This typically happens after the borrower skips three mortgage payments in a ...