Governments mull radical solution to underwater mortgages: seize ...
Aug 16, 2012 . With millions of homeowners still underwater, some local governments are considering a novel solution: condemning their mortgages through .

6 strategies for dealing with an underwater mortgage - MSN Real ...
Stay and pay? Refinance? The pros and cons of several options.

Nearly half of mortgage borrowers under 40 are underwater - Aug ...
Aug 23, 2012 . Nearly half of all mortgage borrowers under age 40 owe more on their home than it's worth, creating a gridlock that could hinder the housing .

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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 |
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 .


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Underwater mortgages declined in 2nd-quarter - CBS News
6 days ago . LOS ANGELES — The number of Americans who owe more on their mortgages than their homes are worth declined in the second quarter, .

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FHA Offers New Refinancing Program For 'Underwater' Mortgage ...
A new program modifies the Making Home Affordable program and the FHA's own refinancing programs, allowing FHA lenders to offer FHA refinancing loans .

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Zillow 's Underwater Mortgage Resource Center - Zillow Mortgage Advice
Jul 13, 2012 . Mortgage in the US - Zillow has created an underwater ...'s-Underwater-Mortgage-Resource-Center/450898/

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