Home Refinancing On A Ramp…27% Of Homes Now Have Negative Equity

| September 2, 2011

The positive side of this…..should put more monthly income into the economic system. But…lenders’ capacity to handle loan applications could be an obstacle for the Obama administration, which is weighing options for spurring a housing recovery, including steps to promote refinancing for underwater borrowers, or those who owe more than their property is worth. Almost […]

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