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Loan Modification

: Flipping Frenzy

33% of Home Loans Under Water

By Ralph Roberts

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Just When You Thought it was Safe to go into the Water This is not a follow-up story about hurricane Katrina. One out every three home owners today in America is drowning.  According to Mark Fleming, chief economist for First American CoreLogic, more than 15.2 million U.S. mortgages, or 32.2% of all mortgaged properties, were in a [...]

Full post as published by Flipping Frenzy on November 30, 2009 (boomark / email).

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