Relevant:
- 28 of underwater borrowers are more than 50 underwater
- Refinancing for Underwater Mortgage Borrowers Faulted by House Democrats
- 20m Borrowers Could Be Underwater before 2012: Deutsche Bank
- twice as many underwater homeowners think its okay to walk away from mortgage
- More Than 30% Of Mortgage Borrowers Still Underwater - Project Economy News Story - KHBS NW Arkansas
2008-05-10 — housingdoom.com
"Underwater borrowers would still be underwater, but won’t be "trapped"? It looks more like a plan to keep borrowers chained to an excessive mortgage than a way to "liberate" them to me."
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