underwater homeowners


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A map showing neighborhoods where 10% or more of mortgages are underwater, with the proportion of African Americans living in the neighborhood overlaid (credit: Christopher Cardinal / Center for NYC Neighborhoods)

Many Jamaica home mortgages are still underwater: study

The 2008 housing crash may seem far in the past, but it remains a crushing, daily reality for many...

Many Jamaica home mortgages are still underwater: study
Helping underwater homeowners move on

Helping underwater homeowners move on

Could a little-noticed policy change by giant mortgage investor Fannie Mae help homeowners who’d like to move but can’t because they’re underwater — they owe more to the bank than the likely selling price...

Helping underwater homeowners move on
Underwater homeowners hold their breath: Harney

Underwater homeowners hold their breath: Harney

Congress is back from its summer vacation, so the burning financial question on thousands of homeowners’ minds right now...

Underwater homeowners hold their breath: Harney
Home Affordable Modification Program expanded for one year

Home Affordable Modification Program expanded for one year

The Obama administration’s Home Affordable Modification Program, which relieves homeowners at risk of foreclosure, is being extended for an...

Home Affordable Modification Program expanded for one year
High-profile property owners rack up big water bills

High-profile property owners rack up big water bills

Collecting overdue water charges from New York City landlords can be a pain in the neck for city officials...

High-profile property owners rack up big water bills
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Homeowners face tax bump with end of mortgage law

Underwater homeowners trying to get their financial bearings are in for a shock, with the expiration of a 2007...

Homeowners face tax bump with end of mortgage law
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U.S. lenders increasingly turn to short sales, benefiting market

Lenders are increasingly turning to short sales for foreclosed properties, providing relief for both the distressed homeowner and the...

U.S. lenders increasingly turn to short sales, benefiting market
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Surprising number of homeowners faring relatively well with home equity

Negative equity and underwater homeowners are frequently in the headlines, but what about positive equity in Americans’ homes? Is...

Surprising number of homeowners faring relatively well with home equity
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