USA: Report Says One In Four Mortgages "Under Water"

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Jeremy Alderson

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Nov 25, 2009, 9:31:13 AM11/25/09
to Homelessness Headlines
A report from First American Core Logic shows that 25% of mortgages are for sums greater than than the value of the property being mortgaged, sparking fears of widespread defaults. http://www.newser.com/story/74703/1-in-4-homeowners-underwater.html?utm_source=syn&utm_medium=rss&utm_campaign=hom



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