More than 11.3 million homeowners -- nearly one-fourth of all Americans with a mortgage -- owe more on their loan than their home is now worth, according to a report released Tuesday by FirstAmerican CoreLogic.
More than 10% of people with mortgages owe 25% more than their home is worth.
Story Here.
p.s. For those who don't understand what this means - its not good.
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