State Level Information on Negative Home Equity and Loan Performance in the Nonprime Mortgage Market is popular PDF and ePub book, written by William B. Shear in 2010-10, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, State Level Information on Negative Home Equity and Loan Performance in the Nonprime Mortgage Market can be Read Online from any device for your convenience.
State Level Information on Negative Home Equity and Loan Performance in the Nonprime Mortgage Market Book PDF Summary
The decline of home prices in many parts of the country has left millions of homeowners with negative home equity, meaning that their outstanding mortgage balances exceed the current value of their homes. A substantial proportion of borrowers with active nonprime mortgages had negative equity in their homes as of June 30, 2009. For ex., among the 16 metro areas examined, the percentage of nonprime borrowers with negative equity ranged from about 9% (Denver, CO) to more than 90% (Las Vegas, NV). This report examines, at the state level, the estimated proportion of nonprime borrowers with active loans that were in a negative equity position and the proportion that were seriously delinquent on their loan payments from 2006 through the end of 2009. Illus.
Detail Book of State Level Information on Negative Home Equity and Loan Performance in the Nonprime Mortgage Market PDF
- Author : William B. Shear
- Release : 01 October 2010
- Publisher : DIANE Publishing
- ISBN : 9781437934946
- Genre : Business & Economics
- Total Page : 38 pages
- Language : English
- PDF File Size : 11,6 Mb
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