more good news: Study Finds Fewer Borrowers Sinking in Negative Equity

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From DS News


<http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i
d=fd3c930b77&e=ebe71b748c> Study Finds Fewer Borrowers Sinking in Negative
Equity

The depreciation of home values over the past half-decade has left millions
of mortgage borrowers owing more than their home is worth -- 10.7 million,
according to CoreLogic. The company's latest negative equity study found
22.1 percent of all residential properties with a mortgage were underwater
as of the end of September. That's down from 22.5 percent - or 10.9 million
- at the end of the second quarter, but CoreLogic says the number remains
high and makes borrowers more vulnerable to economic shocks such as job loss
or illness.
<http://dsnews.us1.list-manage1.com/track/click?u=59816bad6939d5a7dd87e45a5&
id=62d17339aa&e=ebe71b748c> > Read More

- sunil


<http://www.sunilsethi.com/>

SUNIL SETHI REAL ESTATE


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