Thursday, February 09, 2012
1. Unbelievable: The big banks are becoming desperate to avoid foreclosures
 
2. Top housing blogger is calling a bottom in the U.S. housing market
 
3. The latest housing data might surprise you
 
1. Richard Russell: This could be 2012's "market moving" event
 
2. Porter Stansberry: These facts show the "End of America" is coming
 
3. New report reveals Federal Reserve president owns millions in gold and platinum
 
4. Military insider: The Pentagon is lying about Afghanistan
 
5. This morning's "fantastic" jobs report is hiding some shocking news
 
A shocking 1 of every 4 mortgages are underwater
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Tuesday, November 24, 2009
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From 24/7 Wall Street:

There have been a number of attempts to come up with a figure about how many U.S. home mortgages are underwater — in other words, the value of the home loan is more than the value of the house.

...The Wall Street Journal has asked First American CoreLogic, a real estate research company, to give it a try. The report, which is available free online, says that that 23% of mortgages were underwater at the end of the third quarter.

Read full article...

More on mortgages:

Huge market risks continue to grow

Mortgage delinquencies soar... Now at all-time high

Astonishing chart of Fannie and Freddie's mortgage defaults

Topics: Mortgages | Housing | Real Estate
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