There were 1,182 residential foreclosure deeds filed in Rhode Island in 2015, a 28-percent decline from 2014, according to a new “Foreclosures in Rhode Island” report from HousingWorks RI. But also in 2015, Rhode Island still ranked high – 5th in the U.S. – for share of residential properties in “negative equity,” meaning many owners still have mortgages that are more than the worth of their homes, the HousingWorks report said.
