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44% of cook county homes with a mortgage are underwater

almost 667,000 homes with a mortgage in the seven-county chicago area were underwater on their mortgages in march -- and 13 percent of those homeowners were also delinquent on their mortgage payments by three months or more.

mortgage borrowers still underwater

despite rising home prices, more than 30% of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to zillow.

tighter mortgage rules not enough in hottest real estate markets, oecd says

ottawa - moves by the federal government to tighten mortgage lending rules aren't doing enough to cool the housing market in the hottest regions in the country, the organization for economic co-operation and development said tuesday.

mortgage arrears

how the banks respond