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Author Archives: Jim Woodard

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Underwater rescue (access required)

Several city and county government leaders, most notably in San Bernardino, Calif., are considering using eminent domain to force lenders to sell troubled "underwater" homes to private investors at prices less than the balances of their mortgages.

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Negative equity boosting home prices (access required)

Home prices are again rising in most markets. That may stem, in part, from the large number of homeowners experiencing negative equities with their home mortgage. That was the conclusion drawn by CoreLogic researchers after recently completing a study.

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