1 In 4 U.S. Borrowers Have Negative Equity On Their Homes
SOURCE: DIGG • 2009-11-26
TOPICS:
Subprime Mortgage Crisis • Mortgage • Subprime Crisis Background Information • Causes Of The Financial Crisis Of 20072009 • Business_finance
[120 diggs @ Business & Finance] First the good news: The number of Americans who owe more on their mortgages than their homes are actually worth is not as high as many thought. In August, First American CoreLogic reported that about one third of U.S. borrowers had mortgages that...
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