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Latest Negative equity Stories

2013-06-13 23:27:14

CoreLogic released news that residential homes returned to positive equity levels driven in large part by improving home prices. Home Destination, a Twin Cities residential Realtor with RE/MAX Results, forwards news of the report and comments on Minnesota's new home equity gains. Minneapolis, Minnesota (PRWEB) June 13, 2013 Approximately 850,000 more residential homeowners gained a state of positive equity during the first quarter of 2013, according to the CoreLogic first quarter home...

2011-06-07 08:20:00

SANTA ANA, Calif., June 7, 2011 /PRNewswire/ -- CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today released negative equity data showing that 10.9 million, or 22.7 percent, of all residential properties with a mortgage were in negative equity at the end of the first quarter of 2011, down slightly from 11.1 million, or 23.1 percent, in the fourth quarter. An additional 2.4 million borrowers had less than five percent equity, referred to as...


Word of the Day
vermicular
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.
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