Tags » Negative Equity

Negative Equity Falling, but Still Exceeds $1 trillion

The percentage of American homeowners a mortgage that was seriously underwater fell to 15 percent in the third quarter of 2014 RealtyTrac said on Thursday.  There were 8.1 million properties with mortgages that met the company’s definition of seriously underwater – where the combined loan amount of the homes mortgage(s) is at least 25 percent higher than the properties market value.  138 more words

Mortgage/Industry News

We’re always looking for more homeowners to share their experiences about Keep Your Home California

A Sacramento-area single mother who endured a layoff now enjoys an opportunity at an education and a new profession.

A Fresno homeowner who has battled cancer, diabetes, the death of his parents and the loss of his longtime job is able to remain in his home. 616 more words

H.A.R.P Can Be Music To Homeowner's Ears!

No, we are not talking about the instrument.  However for homeowners that have little equity or even a great deal of negative equity, this program can bring serenity just as the classical instrument can. 282 more words