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Real Estate & Property Law

: Housing Wire

7.6 Million Borrowers Underwater on Mortgages: Study

By PAUL JACKSON

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A ground-breaking look at negative equity effects among U.S. homeowners, released Friday morning, paints a staggering picture of just how bruised the national housing market really is. The study, conducted by researchers at First American CoreLogic, paints a troubling picture estimating that 7.62 million borrowers in the U.S. are currently underwater on their mortgages — [...]

Full post as published by Housing Wire on October 31, 2008 (boomark / email).

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