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View story Negative Equity and Repo Houses in Non-Recourse States 1 / 0 http://www.foreclosure-repo-auction.com/blog/repo-homes/nega... Submitted by cassy 34 months, 4 weeks, 1 day, 2 hours ago Researchers from the Federal Reserve Bank of Richmond said that underwater homeowners in states that follow non-recourse laws are 20-percent more likely to allow their homes to become repo houses. The amount of borrowers' assets is also a major factor in the decision to default. Tags: repo houses, massachusetts, Arizona, alaska, Iowa comment (0) | Category: Business | Add cassy as a source Comments Votes (my sources) Votes (Everyone) Add your comment Add your comment If you already have an account, sign in: Email address: Password: If you don't, just complete these fields: (or join coRank for free) Your name: Your site: (optional) Your comment: (You have up to 5000 characters left) Can you see the 5 most prominent letters/numbers in this image? (case insensitive) Please enter them here: « go back

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