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About 40 percent owe 1 to 20 percent more than their home is worth, which is "fairly modest" negative equity, said Stan Humphries, Zillow's chief economist.
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The scheme aims to make moving home possible for customers with low or negative equity.
It pointed out that most of those in negative equity this time face only "modest shortfalls" of less than 10% of their property's value: typically between £6,000-£8,000.
Negative equity and repossessions.
He used terms like "negative equity".
Instead, the problem is negative equity.
Negative equity threatens some home-owners.
Now they're in negative equity".
Nationwide introduced a negative equity loan last year for existing customers.
4: Unemployment and negative equity will become commonplace.
Many will be in negative equity and face problems remortgaging.
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