Eamonv Eamon News Today

Principle amounts. >> what were talking about also is trying to help people as you point out, who are understood water. 24%? >> almost a quarter of all homeowners are underwater. they owe more than the house is worth. thats because they bought during the peak of the housing boom when prices were sky high. almost nobody expects theyre going to get back to where they are anytime soon. those homeowners are just stuck. they cant trade up. they cant move. really restricts a lot of choices they can ma...