Detailed text transcripts for TV channel - MSNBC - 20110401:16:53:00
Keep homes because of jobs. now we're seeing as the jobs market gets stronger the issue surfacing is people are unwilling or unable to sell these upside down homes with negative equity in them even for a job. 1 in 4 americans under water on their loans. >> it happened to my brother. got offered a great job, a job he really wanted but really under water in his house and felt like he was trapped by the mortgage he signed up for. couldn't sell the house. so is there a way out in those situations? >> there are lots of alternatives. we see some people renting homes out. we see lots of people trying...
Source: news source