Katherine Tarbox

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Does the Decrease in Defaults Mean Homeowners Are Getting Their Financial Houses In Order?

Jake Wyman / Getty Images

The social stigma of going into foreclosure seems to have decreased in the last few years as almost three-quarters of U.S. households found themselves underwater with their mortgages, and “walking away” from a home became commonplace. However, two recently released figures suggest that homeowners feel a renewed sense of financial obligation to their homes and [...]