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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
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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
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The $6.5 trillion total market value of commercial real estate can be broken into four quadrants. Which of the following sectors of the commercial real estate market currently accounts for the largest proportion of market value? A. Public equity B. Privately held equity C. Publicly traded mortgage debt D. Privately held mortgage debt
· Will Water Set the World on Fire?. In addition to the more than 11 million households that are underwater, another 2.4 million homeowners are nearing that point. When a mortgage is underwater, the homeowner often can’t qualify for mortgage refinancing and has little recourse but to continue making payments in hopes the property eventually.
"Average American debt spirals out of control!" "Average student loan debt crushing graduates!" "Thousands of home mortgages are underwater and will be foreclosed on!" Despite these eyeball-grabbing headlines, finding concrete data on the true average debt load of an American isn’t a simple process.
The Home Equity Theft Reporter: Central Florida $13M Home Improvement & Mortgage Fraud Scam Yields Another Guilty Plea That means the West is saying ‘we want another Bin Laden and another al-Zawahari, and more terrorism’. It’ll lead to Muslim nations hating the West completely.” By: anonymous
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 :
Real Estate Homeowners CoreLogic: Another quarter million homes no longer underwater on the mortgage More americans regain equity stake in their properties
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· TD Bank Group Reports First Quarter 2015 Results.. U.S. Retail Bank net income increased US$72 million, or 19%, primarily due to lower expenses, Net impaired loans, excluding acquired credit-impaired loans and debt securities classified as loans, were US$1.3 billion, which is 1.1% of total loans as at January 31, 2015.