A notice of default is a public record stating that a borrower is in default on their loan. A lender or servicer files a default letter as the first step in the foreclosure process. If you ignore a ...

Last year's robo-signing scandals delayed tens of thousands of foreclosures in the 23 states where the process is handled in court. A new controversy could complicate foreclosures in the other 27 ...

If you’re struggling to make credit or loan repayments, you may be at risk of defaulting on your credit agreement. However, before a default can be registered against you, creditors have to send you a ...