An estimated 47 percent of bank-owned homes nationwide are still occupied by the previous owner who was foreclosed on.  Source:  RealtyTrac 

Only 380,000 new households were created over the past 12 months compared with an historic average of 1.1 million new households annually. Source:  U.S. Census Bureau

Of the 1.25 million homeowners whose trouble mortgages have been modified under the Treasury Department’s HAMP program, 27 percent have re-defaulted on their loans.  Source: Treasury Department Report