underwater borrowers


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Is eminent domain the answer to bailing out underwater mortgages?

Eminent domain to rescue underwater mortgages: OPINION

The answer to rescuing New York City homeowners from their underwater mortgages lies in the use of a foreclosure-prevention...

Eminent domain to rescue underwater mortgages: OPINION
Source: CoreLogic

Tide of underwater homes recedes in NYC area

The number of homes in the New York area that were underwater fell to 97,262 in the second quarter of...

Tide of underwater homes recedes in NYC area
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One-fifth of NYC-area borrowers are underwater

For all the recent signs of the improving U.S. housing market, nearly one in three Americans with home mortgages...

One-fifth of NYC-area borrowers are underwater

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