Not exact matches
When property
values plunged
during the 2008
housing crisis, many homeowners made the dangerous decision to lower their homeowner's coverage to reflect current market
values, Worters said.
The government launched this program
during the recent
housing crisis to provide refinancing options to the millions of homeowners who saw their properties drop in
value.
«Despite recent losses suffered by Hispanics
during the
housing crisis, young Latino families that were unaffected by foreclosure or lost home
values, are ready to enter the market,» says Carmen Mercado, president of the 20,000 - member group.
Thanks to the evaporation of property
values that occurred
during the
housing crisis, there's no shortage of these homeowners today.