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Loan Modification
: Mortgage Lender Implode-o-Meternegative equity declines for second straight quarter
By Implode-Explode Heavy Industries
The number of properties with negative equity fell for the second straight quarter, according to a report from CoreLogic.
However, a staggering 11 million, or 23 percent of all residential properties with mortgages nationwide, were still in a negative equity position as of the end of the second quarter.
Full post as published by Mortgage Lender Implode-o-Meter on August 27, 2010 (boomark / email).
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