I'm not entirely sure as what a Faeling is myself, having only heard rumors of them myself, I generally stay away from the wilderness. They are not so dangerous as to have reached my ears more often than undead, bears, wolves, angry plants and the like so I suppose they cannot be that dangerous as even resurrections would give us information on their deadliness.
If you are new here, I suggest your make your way to Adelaide's Tavern, which I think is going by the name Katies clubhouse or some such, I don't pay a lot of attention to what adventurer's name things to be honest. The other people that came through the mists a bit ahead of you a month ago seem to have set that up as their primary location for now and I know for sure there is at least food and shelter there.
As to where you are, these are the lands of HearthGlen, at least for now, once the competition is over it's entirely likely the lands may need a new moniker depending on who comes out on top.
-Saithe