18.8 percent of US mortgage holders owe more than their homes are worth, research finds

  • by: JOSH BOAK , Associated Press
  • Updated: May 20, 2014 - 11:45 AM

WASHINGTON — Nearly 10 million Americans remain financially trapped by homes worth less than their mortgage debts — an enduring drag on the U.S. economy almost seven years after the housing bust triggered the Great Recession.

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