Wednesday, 28 September 2022 | The Latest Buzz for the Appraisal Industry

Despite Progress, Little Help for Underwater Borrowers

By Brian Honea

While rising home values have pushed down the share of underwater mortgages, the sheer number of upside-down borrowers remains massive—nearing four million—according to an update from Black Knight Financial Services. Those four million underwater homeowners combined for about $157 billion in negative equity in October.

The post Despite Progress, Little Help for Underwater Borrowers appeared first on theMReport.com.

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