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2011: 41% of Prime or Conforming Loans Underwater
Deutsche Bank estimates that
41% of prime loans will be underwater by Q1 of 2011, a jump from 16% in Q1 of
2009. This shrinks the pie of above-water prime loans with healthy (blue) and
modest equity (yellow) to a mere 36% down from 58% in Q1 of 2009.
Source: Deutsche Bank
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