Homeowners who have little or even negative equity in their homes can work through these programs to qualify for a refinance. (mortgageloan.com)
Sinking home prices and relaxed underwriting standards have left many people with negative equity in their homes, leading to a surge in foreclosures. (reuters.com)
Almost one in ten had negative equity in their home before factoring in selling costs and only 57 % had positive equity once commissions and other closing costs were considered. (hoyes.com)