Content about Negative equity

November 29, 2011
Outlook still bleak for underwater borrowers

CoreLogic, a provider of information, analytics and business services, has released data showing that 10.7 million, or 22.1%, of all residential properties with a mortgage were in negative equity at the end of the third quarter of 2011. This is down slightly from 10.9 million properties, or 22.5%, in the second quarter. 

June 7, 2011
Home equity loans blamed for underwater mortgages

A study released today by CoreLogic, a real estate data and analysis firm, indicates that 38% of homeowners who took out home equity loans on their houses were “underwater” at the end of the first quarter of 2011, compared with 18% of borrowers with no home equity loans. More than 40% (4.5 million) of all negative equity borrowers have home equity loans.