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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Bank Holding Company who wrote (259910)7/10/2010 9:16:03 PM
From: Les HRespond to of 306849
 
1 in 7 homeowners with loans 1m or above
1 in 12 loans below 1 million.

Homeowners with properties valued at 1M or above with balance below 1M fall in the second category.

Speculators with two 600K homes with no equity fall in the first category. Bet they're only walking away from the second home which isn't a 1 million dollar loan.