Summary
An estimated 25 million homeowners, or 48 percent of those with mortgages, will owe more on the loan than the house is worth by the first quarter of 2011, according to an analysis by Deutsche Bank.
"For many, the home has morphed from piggy bank to albatross," wrote analysts Karen Weaver and Ying Shen.See the full content of this document
Extract
Nearly Half of Mortgages Seen Underwater by 2011
More and more strapped homeow...
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