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Posts related to ‘underwater mortgages’

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Underwater Mortgages Decline in Fourth Quarter

Posted: March 19, 2013 at 10:10 am

Research firm CoreLogic Inc. (NYSE: CLGX) reported today that both the number and total value of residential properties with negative equity declined in the fourth quarter of the 2012. As ...
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Underwater Mortgages Dry Up as Home Prices Recover

Posted: January 15, 2013 at 6:42 am

The number of people with underwater mortgages has begun to contract quickly, in what is likely to be a sign that real estate values have risen, or that people have ...
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States with the Most Homes Underwater

Posted: July 19, 2012 at 6:25 am

The housing market is projected to improve in the coming years -- albeit slowly. While we are a long way to full recovery, the signs are there. Indeed, according to a ...
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Underwater Mortgages Decline in First Quarter

Posted: July 12, 2012 at 10:44 am

Research firm CoreLogic (NYSE: CLGX) reported today that both the number and total value of residential properties with negative equity declined in the first quarter of the year. As a ...
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Almost No Improvement in Foreclosure Rates

Posted: May 17, 2012 at 6:25 am

There are a handful of theories about what will signal a bottom of the housing market. Perhaps an increase in prices or a drop in the supply of homes or ...
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Underwater Mortgages Go More Underwater, Miami and Phoenix Hit

Posted: November 8, 2011 at 4:57 pm

The number of underwater mortgages in the U.S. increased again in the third quarter. That makes sense because by most measures home values have fallen throughout the period. It also ...
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Housing: One Step Forward, Two Steps Back

Posted: July 20, 2011 at 10:35 am

It has been only 24 hours since the Commerce Department said new home sales and permits reached multi-month highs. The elation over that ended suddenly as the National Association of ...
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Why The Dow Will Plunge To 7,000

Posted: June 28, 2011 at 6:54 am

One theory of economics says that any market can return to a point where it has been in the past. The Great Recession was, by some measures as bad as ...
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America’s Housing Paradox: Homes Are Affordable, But No One Will Buy

Posted: April 25, 2011 at 4:40 am

Americans still believe homes are still a good long-term investment. Unfortunately for the real estate sector, 30% of the same people think home prices will continue to drop compared with ...
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The Myth Of The Underwater Mortgage

Posted: March 8, 2011 at 6:02 pm

Just over 11 million homes had underwater mortgages at the end of the final quarter of 2010. The precise figure is 11.1 million, which represents 23.1% of all properties with ...
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Underwater Mortgages — Measuring the Unmeasurable

Posted: January 11, 2011 at 5:35 am

Underwater mortgages are a serious problem affecting the economy, but much of the conventional wisdom about the issue makes no sense. For instance, no one is quite sure how many ...
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Homeowner Equity Improves? A Mirage

Posted: December 13, 2010 at 12:09 pm

Fewer homes had underwater mortgages in the third quarter.  The trend means little if anything to current homeowners and potential buyers. "CoreLogic reports that 10.8 million, or 22.5 percent, of ...
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Fannie Mae And Freddie Mac: What Is An Underwater Mortgage?

Posted: December 8, 2010 at 5:52 am

The problem is fairly simple. About 11 million home mortgages in the US are underwater. These homeowners owe more for their homes than their homes are worth. That has had ...
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