U.S. homeowners with mortgages worth more than the value of their homes decreased slightly in the third quarter, according to a report from CoreLogic.
Nationwide, 10.7 million properties were worth less than their mortgages, known as underwater or negative equity. Those properties comprised 22.1 percent of all properties with a mortgage, a slight decrease from 10.9 million homes, or 22.5 percent, in the second quarter………………………………………..Full Article: Source