Foreclosure Nation

Underwater borrowers have become a focus of numerous industry surveys and analyses, and a growing concern for market participants due to the potential of negative equity to trigger default. A recent study by CoreLogic delved deeper into the statistics to examine the distribution of negative equity...

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Fourth quarter data from CoreLogic reveals negative and near-negative (mortgages with less than 5 percent equity) equity mortgages account for 27.9 percent of all residential properties with a mortgage nationwide, and the company says recent legislation could make a gloomy situation even darker for ...

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Americans are beginning to gain ground against the worst recession in recent history as more and more economic indicators point to recovery. A new study from the Federal Reserve says household net worth in the U.S. soared $2.1 trillion during the last three months of 2010. From October through Dec...

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Home prices in January were down 5.7 percent from a year earlier after factoring the month’s REO sales and short sales into the mix, according to new data from the research and analytics firm CoreLogic. January marked the sixth month in a row that the company has recorded a year-over-year decline in...

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WASHINGTON - Household wealth rose by $2.1 trillion in the fourth quarter and their debt contracted at the slowest pace since 2008 as consumers stepped up spending and boosted the fragile economic recovery. Gains made in investments such as mutual funds boosted overall household wealth to $56.8 t...

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Wesley Ulloa bought her first condo for $230,000 in 2007, and watched helplessly as it lost two-thirds of its value during South Florida’s historic housing market tailspin. The 24-year-old real estate agent has been selling units in her Coconut Grove building for $80,000, a figure that makes her s...

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WASHINGTON -- In cities and towns across the country on Tuesday evening, underwater homeowners gathered at bars, restaurants and coffee shops to help each other answer a question that banks would rather they not ask: Should I walk away from my mortgage? The meetups grew out of HuffPost's feature o...

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Home values in the United States fell 2.6 percent during the last three months of 2010, posting their largest quarterly decline since the first quarter of 2009, according to a fourth-quarter market report issued by Zillow this week. Zillow’s national home value index declined 5.9 percent year-over...

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