Understand what it means to be underwater on your mortgage and learn practical strategies to address the situation.

Underwater mortgages are much less common now than they were in the Great Recession. Back then, some 12 million borrowers were in a negative equity state. Today, just over one million are, a ...

Underwater mortgages are a proper barrier for sellers — more so even than mortgage rates. Therefore, the fact that this data line is just 0.1% away from all-time lows makes me smile this holiday ...

Percentage of mortgages underwater: 61.1 percent Not surprisingly, Nevada tops the list -- by a wide margin. Prices plummeted when the housing crisis hit, and they've yet to recover.

An underwater mortgage, also called an upside-down mortgage, occurs when the loan's principal balance is higher than the home's fair market value, resulting in negative equity. In other words… ...

Underwater mortgages, or homes with negative equity, have been a major problem over the last several years. As recently as 2012, Zillow reported that 31.4 percent of homeowners with a mortgage ...

According to Corelogic’s Negative Equity report, the mortgages on more than 11.1 million homes, or 22.8 percent of the nation’s 48.7 million mortgaged homes, are underwater.

Almost 10.7 million U.S. mortgages were "underwater" as of September, said research firm First American CoreLogic. Another 2.3 million homeowners are within 5% of negative territory, the report said.

An underwater mortgage can present a financial problem for homeowners, especially if they are looking to refinance. The good news is that it is possible to refinance an underwater mortgage in ...

With millions of homeowners still underwater, some local governments are considering a novel solution: condemning their mortgages through the power of eminent domain. “Federal programs have not ...

OK, I'll admit it. A year ago I thought this whole condemnation-of-underwater-mortgages thing would die off pretty quickly. I predicted we'd never see any large-scale condemnation effort. So far ...

Nearly 2 million Americans got out of negative equity positions as home prices rose last quarter, according to new estimates. Negative equity fell to 27.5% of all U.S. homeowners with mortgages in ...