14.7 Million (19%) Of US Mortgages Have $770 Billion In Underwater Equity, $2.4 Trillion In Total Debt Impaired

Des donnes sur la negative equity aux USA (ceux qui doivent plus la banque que ce que ne vaut leur maison, ou encore dit underwater) viennent juste de sortir, calculs par Robert Shiller et Mark Zandi :

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(MoneyWatch) More people have been lifted out of the shadow of negative equity over the last year, but collectively homeowners still carry $1 trillion in underwater mortgage debt. Nearly 2 million.

– Have a set amount, determined federally, while home-equity loans have their maximum amount determined but eh total LTV ratio, and the maximum amount is the value that increases total mortgage debt up to the determined LTV limit VA Loans:

However, if the amount of equity is relatively small, this solution can quickly lead to a level of debt on the property that exceeds the current market value. When this takes place, the property owner is essentially in an underwater mortgage situation. Another common way that mortgages take on an underwater aspect is shifts in property values.

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14.7 Million (19%) Of US Mortgages Have $770 Billion In Underwater Equity, $2.4 Trillion In Total Debt Impaired El Paso’s 678-Mile Pipeline Would Create `Path of Destruction,’ Suit Says House approves bill with new safeguards for oil rigs

14.7 Million (19%) Of US Mortgages Have $770 Billion In Underwater Equity, $2.4 Trillion In Total Debt Impaired by Zero Hedge – July 31st, 2010 12:56 pm Courtesy of Tyler Durden

14.7 Million (19%) Of US Mortgages Have $770 Billion In Underwater Equity, $2.4 Trillion In Total Debt Impaired

 · Total obligation of $22.4 billion and expenditure of $14.2 billion for ppip includes 6 million of the initial obligation to TCW that was funded. The $356 million was paid to TCW, and TCW subsequently repaid the funds that were invested in its PPIF; however, these

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odorous quill: mournfulness synchronism 14.7 Million (19%) Of US Mortgages Have $770 Billion In Underwater Equity, $2.4 Trillion In Total Debt Impaired In all, total outstanding mortgage debt comes to $246.5 billion, the equivalent of 84.1 percent of the total property value in the state. This is the fourth highest loan-to-value ratio in the country.A-() A, as a prefix to English words, is derived from various sources.(1) It frequently signifies on or in (from an, a forms of AS. on.