Discover how many mortgage payments you can miss before foreclosure starts and learn about lender exceptions and housing market influences on this process.

Forbes contributors publish independent expert analyses and insights. I write about commercial real estate negotiations, deals and legal issues. When Wall Street turns real estate mortgages into ...

A foreclosure occurs when a lender takes control over a property from a borrower who has failed to make timely payments. A foreclosure can damage your credit score and result in the loss of your home.