About Us · Advertising · Disclaimer ·
NOW: 14 Million Underwater. By 2011: 25 Million Underwater
In reference to the chart above,
the 3 bars to the left represent estimates for the number of underwater
households at the end of Q1 2009 from 3 different sources, Deutsche Bank (DB),
Economy.com and Corelogic.
The 2 bars to the right
represent 2 estimates of ‘underwater homes’ by Q1 of 2011. Deutsche Bank takes a
much more dire view of President Obama’s favorite
economist, Mark Zandi of Economy.com.
Source: Deutsche Bank
Comments
News Archive
Loan Modification Progress Report Card - August 5th 2009
How Bad Are Foreclosures In Your City? - July 30th 2009
Rep. Barney Frank Threatens Banks To Stop Foreclosure Or Else? - July 28th 2009
U.S Government Wants 500,000 Trial Modifications By Nov 1st - July 28th 2009
Subprime Brokers Involved In Loan Modification Scam - July 21st 2009
'Walk-Away' Survey Shows 26% of Defaults Are Intentional - July 21st 2009
'Own-To-Rent' The New Emerging Mortgage Plan - July 17th 2009
Tools To Help Homeowners Save Big In Property Taxes - July 16th 2009
Lawmakers Dissapointed With Foreclosure Help Programs - July 16th 2009
New Jersey Attorney General Goes After Mortgage Scams - July 15th 2009
Watch Out For Some Misleading Reverse Mortgage Advertisements - July 6th 2009
Chase And Bank of America To Experience 2nd Wave of Foreclosures - July 6th 2009
Obama Extends Mortgage Refinancing Program, Raising New Limit To 125% - July 1st 2009
Paper Avalanche, Lack of Trained Staff Add Obstacles To Loan Modification Program - June 29th 2009
Government Loan Modification And Refinance Program Shows Substantial Progress - June 18th 2009
Luring First Time Homebuyers, Tips To Beat The Competition And Sell Your Home - June 15th 2009
Bank Of America has modified 50,000 loans in Countrywide settlement - May 26th 2009
