mortgage
By 2011, Balance on Over 50% of Mortgages Will Be More Than The Value of the Home…
By PUMA Pundit on August 6, 2009
As we all know, the reason the whole financial meltdown took place is because government intervened in the workings of the market, it seems the side-effects of this intervention shall remain in place for much longer; by 2011 over 50% of US Mortgages shall be more than the value of the home that is mortgaged [...]
Posted in Economy | Tagged Arizona, California, deutsche bank, fannie mae, florida, freddie mac, home prices, illinois, karen weaver, las vegas, Massachusetts, michigan, mortgage, national association of realtors, nevada, ohio, west virginia, wisconsin, ying shen