Close to one out of every three homeowners in America owes more on their mortgage than their house is worth. Many are expected to walk away from underwater loans, further depressing the real estate market. How the administration is revamping its foreclosure prevention efforts.


  • Julia Gordon senior policy counsel, Center for Responsible Lending
  • Renae Merle reporter, The Washington Post
  • Edmund Andrews correspondent with and former reporter for The New York Times. Author of 'Busted.'

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