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Genworth Financial, Inc. Message Board

  • soulec soulec Mar 19, 2013 8:47 AM Flag

    Housing market news.....

    "More homeowners got back above water in fourth quarter: CoreLogic

    NEW YORK (Reuters) - Rising home prices last year helped more homeowners get back above water on their mortgages in the fourth quarter, a fresh sign of improvement in the housing market, data from CoreLogic showed on Tuesday. There were 10.4 million homeowners who owed more on their mortgages than their homes were worth in the final quarter of 2012, down from 10.6 million in the third quarter, said CoreLogic . That accounted for 21.5 percent of all mortgages, down from 22 percent. In 2012, 1.7 million properties returned to positive equity"

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