A mortgage lien is a legal claim on your home that gives your lender the right to seize your home if you don’t make payments.
When a house is lost, so is much of the collateral on the mortgage. Here's how both lenders and homeowners can bounce back.
My wife and I are 60. We have roughly $130,000 left on our mortgage, on a house valued at $400,000. Our son wants to pay off ...