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

09/05/2009 05:12 am ET | Updated May 25, 2011
  • Jody Shenn 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.

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