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Loan Modification

: Mortgage Lender Implode-o-Meter

Number Of Underwater Mortgages Rises As More Homeowners Fall Behind

By Implode-Explode Heavy Industries

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``About 11.1 million households, or 23.1 percent of all mortgaged homes, were underwater in the October-December quarter, according to report released Tuesday by housing data firm CoreLogic. That's up from 22.5 percent, or 10.8 million households, in the July-September quarter.''

Full post as published by Mortgage Lender Implode-o-Meter on March 10, 2011 (boomark / email).

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