Sentence examples for negative equity problem from inspiring English sources

Exact(4)

The Treasury Department's program to mitigate the foreclosure crisis is ironically frustrating solutions to the negative equity problem.

The scale of the negative equity problem was partly due to the two types of mortgages that were on offer – inflation-indexed mortgages and low-rate loans indexed to foreign currencies ("FX loans").

"The banks are trying to shoehorn an affordability fix into a negative equity problem," said Frank Pallotta, a managing partner of the Loan Value Group, which runs the homeowner incentive program used by PMI.

In Glasgow, one debt adviser describes the city's negative equity problem as an "epidemic", though across Scotland as a whole the percentage of households with problem loans, at 11%, is smaller than the north-west, Yorkshire and Humberside, where the official figure is 15%.

Similar(56)

Equity release is also a specialist area of advice which few advisers do well and still bears the hangovers of the negative equity problems of 20 years ago," he said.

Many will be in negative equity and face problems remortgaging.

The problem is all the greater in property where people have borrowed money against the asset; too big a price fall will trigger negative equity, bad debts, problems for the banks and so on.

Negative equity inhibits job mobility which is important in America.

It's true that negative equity isn't a problem for people aiming to live in a home for a while, so long as they reside in a world where unexpected bad news never hits.

"Negative equity is only a problem if you need to move," says Kate Faulkner, of Propertychecklists.co.uk.co.uk

Unlike other government programs so far, it addresses negative equity, a foreclosure-fueling problem that is deteriorating as home prices fall.

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