Relevant:
- Dr. Stan Humphries: Getting to Know Underwater Homeowners
- Nearly 25 Percent of Homes in Q3 Are Underwater
- negative equity declines for second straight quarter
- U.S. ‘Underwater' Homeowners Increase to 28 Percent, Zillow Says
- Almost 29% of Americans With Mortgages ‘Underwater' on Homes, Zillow Says
2011-02-10 — thetruthaboutmortgage.com
"More than one in four homeowners was in a negative equity position in the fourth quarter, according to a new report released by Zillow today."
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catherine at 03:27 2011-02-11 said:
after the 3 billion OR MORE dump of foreclosures this year that will be 50% underwater in 12 months.......... will we still be happy that Wells is writing a ton of new chainsaw falling SECURITIZED mortgages that turn into foreclosures before the ink is dry....(doing the same thing over and over and expecting a profit THIS time) oh and the good news, only ONLY 385,000 or 440,00 (with everyone) lost their jobs in the LAST 7 DAYS...............the good news :roll: and to anyone who didn't think the foreclosure shut down last fall was anything but politics, nothing was fixed and how come there is no problem NOW with documentation, they are rolling along faster and faster....... 8) Permalinkadd a comment | go to forum thread
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