More Homes Fall Below Their Mortgage Value As Housing Prices Continue Downward Slide Hot

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About 15.7 million homeowners had negative equity at the end of the year, up from 13.9 million in the previous three months, according to Zillow Inc.

The total represented 27 percent of mortgaged single-family homes, the highest in Zillow data dating to the first quarter of 2009.
 

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