Thursday, August 5, 2010

More people walking away from mortgages...

In March, Morgan Stanley estimates that 10.7m homeowners are underwater, or about 23 per cent of all properties in foreclosure.
http://www.ft.com/cms/s/0/f8f99804-53f5-11df-aba0-00144feab49a.html

Copyright The Financial Times Limited 2010.  

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