A mortgage default can hurt your credit score and lead to foreclosure. Learn how the home loan default process works and how to avoid it.

but it might make it difficult to get another mortgage. Short sales can damage your credit, and they can stay on your credit report for seven years. You might pay higher rates on future mortgages ...

By familiarizing yourself with the mortgage application process, you can be prepared to hit the ground running. What to do before applying for a mortgage Review your credit report. You can access ...

An estimated 7.5 million borrowers are in default ... A mortgage loan is often a requirement for securing the funds needed to purchase a home. Negative marks on a borrower's credit report can ...