A Few Pictures Are Worth A Thousand Mortgage Mods
• ZeroHedge.comDeutsche Bank - "By Q1, 2011 a projected 48% of total mortgage borrowers will have negative equity." Nuff said.
Deutsche Bank - "By Q1, 2011 a projected 48% of total mortgage borrowers will have negative equity." Nuff said.

Whadaya mean by 'negative equities'? Just yesterday I was reading all the rosy reports about how house sales were on the rise? I really don't get it...I know the government ain't lying, they wouldn't that to us...so, who's lying here then?