Deutsche Sees 48% of All US Mortgages Underwater in 2011

Deutsche Bank analysts Karen Weaver and Ying Shen said home price declines will have the biggest impact on prime conforming loans, which make up roughly two-thirds of all mortgages. Of these types of loans , 41 percent will be upside down by the first quarter of 2011, up from 16 percent at the end of the first quarter of 2009.

(Newser) – Nearly half of US homeowners will owe more than their house is worth by 2011, Deutsche Bank analysts said yesterday, predicting that the number of such "underwater" mortgages.

Business Loan/Lease Indemnification.. The Federal Home Loan Bank reports that over it’s many years it has determined the major cause of mortgage loan foreclosures is disablement of the mortgagee; 48% vs.. 3% due to death.

Almost half of US property owners could face negative equity by 2011.. in negative equity in the first quarter of this year and predicts that will rise to 25 million by the first quarter of 2011, some 48% of all mortgage holders in the US.. By 2011, Deutsche predicts 89% of option ARM.

NEW YORK, Aug 5 (Reuters) – The percentage of U.S. homeowners who owe more than their house is worth will nearly double to 48 percent. will be underwater in 2011, up from 50 percent in March,

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They concluded that 26 percent of all mortgage. and Deutsche Bank reported Thursday that 81 percent of Las Vegas homes were underwater at the end of this year’s first quarter. It projected that 90.

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NOT THAT ANYONE HAS EVER ASKED US. by Deutsche Bank, tellingly entitled "Drowning in Debt," estimates that within two years, home loans that are underwater, now 26% of the roughly 51.6 million.

Yet, despite all the concern over homeowners who are simply “walking. ( reporting that 15.2 million U.S. mortgages were underwater in the second quarter of.. This percentage is expected to increase to 48% by the first quarter of 2011.. that they had intended to flip”); see also DEUTSCHE BANK, supra note 10, at 10.

The percentage of US homeowners who owe more than their house is worth will nearly double to 48% in 2011 from 26% at the end of March, portending another blow to the housing market, Deutsche Bank.

The percentage of U.S. homeowners that owe more than their house is worth will nearly double to 48 percent in 2011 from 26 percent at the end of March as home prices continue to fall, Deutsche.