Relevant:
- Half of US Prime Mortgage Borrowers could be Underwater
- TARP Audit: Housing Recipients Re-Defaulting in Alarming Numbers
- Fitch Sees 60% of Current RMBS Borrowers Underwater
- Subprime Debt Insured by FHA Climbs in Bet on Housing Recovery: Mortgages
- The “Bell Curve Of Doom†Is Ringing For Recent Home Purchasers
2008-04-29 — bloomberg.com
''About half of recent subprime and Alt-A borrowers may soon owe more on their mortgages than their houses are worth or hold minimal equity, putting $800 billion of debt at greater risk of default, according to Barclays Capital.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.