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What is an Underwater Mortgage?
An underwater mortgage leaves the owner with more debt on the property than the current market value. An underwater mortgage often...
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Dean Baker: California Gold Rush? Righting Underwater Mortgages
Jul 16, 2012 . Ever since the housing bubble collapsed, the Federal government has refused to take major initiatives to help underwater homeowners.
Down But Not Out: Underwater mortgages | The Lookout - Yahoo ...
Aug 9, 2012 . From the blog The Lookout: Click image to see more photos. (Jan Dunsmore/ Yahoo! News) Lisa Apolinski faced a rude awakening when she .
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What does it mean to be underwater on a mortgage
Being underwater means, as a homeowner, you owe more on your mortgage than the house is worth. With the current economic issues, they (CNN Money) say .
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Underwater mortgages decline as home prices rise - Businessweek
Jul 12, 2012 . LOS ANGELES (AP) The number of Americans who owe more on their mortgages than their homes are worth declined in the first three .
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Ohio ranks near top for underwater mortgages | cleveland.com
Jul 4, 2012 . Groups say without more principal reductions, area's foreclosure rate will spike. Banks are doing more principal reductions, but the percentage .
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Fannie And Freddie To Underwater Homeowners: No Mortgage ...
Jul 31, 2012 . The Federal Housing Finance Agency said today it will not agree to a proposal by Tim Geithner to reduce mortgage loans for troubled .
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'Underwater Mortgage' Refis Get Fresh Push - Yahoo! Finance
Sep 10, 2012 . From Yahoo! Finance: As of July, 22.4 percent of homeowners with a mortgage owed more than their home was worth, according to a new .
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Underwater refinance options
Refinancing options for so-called "underwater" mortgages are limited because most lenders require some equity in the property -- ideally about 20 percent.
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Underwater mortgages drop by 1.3 million. How much could that ...
1 day ago . Delicious. One of the big drags on the U.S. economy right now is the housing market. Among other problems, about 10.8 million Americans are .
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Underwater Mortgage Definition | Investopedia
A home purchase loan with a higher balance than the free-market value of the home. This situation prevents the homeowner from selling the home unless s/he .