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...more on your mortgage than the place is worth. Nevada, of course, is ground zero for the real estate bust - but it's hardly alone in having truckloads of "underwater" homeowners. As of December, 19.8% of mortgage holders nationwide had negative equity in their houses, according to a new report by loan-tracker First American CoreLogic. That tally, which takes into account both first and second mortgages, represents 8.3 million homeowners, 700,000 more than when the firm checked in September. (See pictures of Americans in their homes...
...Several members of the committee said they considered the proposed hierarchical committee structure to be one of the most significant recommendations in the report...
...high hopes that the Dowling Report would layout a specific and obtainable path to move forward,” Staff said...
...Dowling defended the report, saying he thought it brought up issues that would be helpful to both the UC and the College...
...Dowling Report also recommended that the UC’s Finance Committee consist of approximately eight to ten members, who would serve on a rotating basis...