Map of US Home Mortgages That Have Been Renegotiated
May 7, 2008 · Print This Article
There have been many maps, graphs, grids & breakdowns of the housing crash of recent years and the following mad dash to cover losses, limit foreclosures & convert to fixed rate mortgages. This is one that looks at it from the point of view of mortgages that have been renegotiated.
Calling the map the “Map of Misery” it reports that the CA, NV & AZ area is showing the largest grouping of “misery” with FL, WA and the Quad State area of DC, NY, NJ & MD as a close second.
source: Business Week


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