Underwater Mortgages Surge In 4Q
Due to the ongoing fall in home prices across the country and the slower foreclosure activities during late 2011, the number of homeowners who are underwater is continuously rising. Last week,a data released by CoreLogic Inc. (CLGX), a leading provider of information, analytics and business services, shows that underwater mortgages or negative equity rose to [...]
Due to the ongoing fall in home prices across the country and the slower foreclosure activities during late 2011, the number of homeowners who are underwater is continuously rising. Last week,a data released by CoreLogic Inc. (CLGX), a leading provider of information, analytics and business services, shows that underwater mortgages or negative equity rose to its highest level since 2009, when the company started tracking the data.
According to CoreLogic report, nearly 22.8% or 11.1 million of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards