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Bank equity but no cash?

…into “bank equity.” The bank will get the money and we will get stock in the bank. With any luck we may be able to sell the stock to someone…

Red and Blue foreclosures

…of which have more than $100,000 of negative equity. Clark County, Nev., where you’ll find Las Vegas, has 4,278 homes in foreclosure with negative equity and lands at No. 2….