Center for American Progress

CENTER FOR AMERICAN PROGRESS

Posts tagged mortgage

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About 8 MILLION Americans are current on their mortgage payments, but are “underwater”. This means they owe more than what their home is worth. With help from the federal government, many families who currently have “underwater” mortgages can instantly lower their mortgage payments by about $2,600 a year.
(Source: americanprogress.org)

About 8 MILLION Americans are current on their mortgage payments, but are “underwater”. This means they owe more than what their home is worth.¬†With help from the federal government, many families who currently have “underwater” mortgages can instantly lower their mortgage payments by about $2,600 a year.

(Source: americanprogress.org)

Filed under housing progressive liberal news politics policy Fannie Mae Freddie Mac economy mortgage income inequality