February 9, 2012

Report: Almost 1 in 4 borrowers underwater

Report: Almost 1 in 4 borrowers underwater

Nov. 24: Highway 50: Nearly one in four homeowners in the U.S. owe more on their mortgages than the properties are worth--and Nevada is ground zero for the foreclosure crisis. NBC's Tom Brokaw reports.  (Nightly News)Almost one in four homeowners owes more on their mortgage than their home is worth, a worrisome sign that the housing recovery could be threatened by a wave of defaults.





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