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Loan Modification

: Loan Modification & Home Loan News

Underwater mortgages rise as home prices fall

By Moe Bedard

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(Source: Associated Press/AP Online) – WASHINGTON – The number of Americans who owe more on their mortgages than their homes are worth rose at the end of last year, preventing many people from selling their homes in an already weak housing market. CoreLogic said Tuesday that about 11.1 million households, or 23.1 percent of all [...]

Full post as published by Loan Modification & Home Loan News on March 08, 2011 (boomark / email).

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