St Louis Mortgage Report Predicts 20 Million Home Loans Underwater By 2012
http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-mortga... St Louis Finance News: Economists Say Almost 20 Million Underwater Mortgages By 2012 | Residential and Commercial Lending: 314-334-0210 | Floyd Tapia | There was recent talks by the Deutsche Bank saying more than 14 million borrowers were underwater as far as home values were concerned as of the first quarter of 2010. They went on to report that with a further 10.7 percent decline in house prices which was relative to the...