1 In 4 U.S. Borrowers Have Negative Equity On Their Homes

As home prices fall, more borrowers walk
Home prices have resumed their decline, raising the odds that more borrowers will choose to walk away from their mortgages, even if they can afford the payments.

Details of Home Loan Plan Are Released
The program is meant to help up to 9 million borrowers stay in their homes through refinanced mortgages or modified loans.

U.S. Inquiry Eyes S.&P. Ratings of Mortgages
The Justice Department is investigating whether Standard & Poor’s rated mortgage securities improperly leading up to the financial crisis.

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