Report: 1 In 5 Massachusetts Homeowners Underwater With Their Mortgages
BOSTON (CBS) - Thousands of Bay State homeowners are underwater with their mortgages, but they are still faring better than many other states.
A new report from Core Logic finds that one in five homeowners in Massachusetts owes more on their mortgage than what their home is worth.
WBZ New England Business Editor Anthony Silva has details in this report: