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Friday, October 28, 2011

On negative equity June quarter 1653 soared 33-fold

On negative equity June quarter 1653 soared 33-fold [Hong Kong Commercial Daily reporter Liu Jiali Reuters reports: The HKMA announced yesterday in negative equity residential mortgage loans in the latest survey results, which in the third quarter of negative equity residential mortgage loans in quarterly surge 33-fold in the second quarter of 48, increased to 1653, more than two years is up, but still below the level of the end of 2008 over ten thousand. Most of the negative equity cases involving up to 90% LTV or more ...On negative equity June quarter 1653 soared 33-fold

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