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

First Posted: 9/5/09 Updated: 5/25/11

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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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. ...
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. ...
Filed by Ryan McCarthy  |