1 In 4 US Borrowers Have Negative Equity On Their Homes

First the good news: The number of Americans who owe more on their mortgages than their homes are actually worth is not as high as many thought.

In August, First American CoreLogic reported that about one third of U.S. borrowers had mortgages that could be called "underwater."

Source:
http://www.huffingtonpost.com/2009/11/24/underwater-mortgages-1-in_n_368782.html