More than a third (36%) of Americans say the practice of "walking away" from a home mortgage is acceptable, at least under certain circumstances.| Pew Research Center
A record number of mortgage loans are either in default or in danger of being defaulted upon. Many of the properties that back these loans will end up going through the foreclosure process. A growing body of research shows that foreclosed homes sell at a discount and that foreclosures have a negative impact on the value of other homes that are nearby. The effect on nearby property values happens for two different reasons, but my recent work suggests that one or the other predominates dependin...| www.clevelandfed.org
A PropertyShark analysis shows foreclosure rates have increased 114 percent since 2014.| New York City, NY Patch