CNN Early Start January 16, 2014 10:57:00
For jcpenney. the stock is down more than 60% in the past 12 months. the company's been losing hundreds of millions of dollars per quarter after a restructuring gone wrong. foreclosures hit a six-year low in 2013. the overall number of filings down 26% from the year before. this is according to the folks at realtytrac. so, that's the improvement, right? but the foreclosure threat still very real for many homeowners. in december, on about one in five homes, borrowers owed at least 25% more than their mortgages, on their mortgages than their houses were worth. wow, that's a big number still. a...
Source: archive.org