underwater borrowers

The answer to rescuing New York City homeowners from their underwater mortgages lies in the use of a foreclosure-prevention tool pioneered by President Franklin...

For every five homeowners in the Bronx, almost one of them had debt that exceeds the value of their property during the first quarter,...

The number of homes in the New York area that were underwater fell to 97,262 in the second quarter of 2013, a 24 percent drop...

With generous new guidelines from Fannie Mae and Freddie Mac likely to stimulate large numbers of short sales by underwater homeowners, what impacts can...

For all the recent signs of the improving U.S. housing market, nearly one in three Americans with home mortgages are still underwater on their...

Source: CoreLogic Nearly a quarter of Americans with residential mortgages are in negative equity and that number is barely improving, according to second-quarter data...

Drastic changes are needed to stimulate a housing recovery according to a New York Times editorial, which urged President Barack Obama to push forward...