Around 450,000 Homebuyers Are Now Underwater As 'Early' FHA Delinquencies Hit 2009 Levels

Around 450,000 Homebuyers Are Now Underwater As 'Early' FHA Delinquencies Hit 2009 Levels

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Around 450,000 Homebuyers Are Now Underwater As 'Early' FHA Delinquencies Hit 2009 Levels As the housing market continues to implode - marking a record drop in pending home sales last month amid canceled deals and price cuts, there are around 450,000 homebuyers who owe more than their house is…

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