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Half Of All U.S. Mortgages 'Underwater' By 2011: Deutsche Bank

First Posted: 09/05/09 06:12 AM ET Updated: 05/25/11 02:45 PM ET

Mortgages Bankruptcy

bloomberg.com:

Aug. 5 (Bloomberg) -- Almost half of U.S. homeowners with a mortgage are likely to owe more than their properties are worth before the housing recession ends, Deutsche Bank AG said.

Read the whole story: bloomberg.com

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Filed by Ryan McCarthy  |