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Underwater mortgages: ‘I’m barely able to tread water’

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Click image to see more photos. (Jan Dunsmore/Yahoo! News) Lisa Apolinski faced a rude awakening when she went to refinance her home in 2008. "The lender told me my home was worth $225,000. I asked him if he had the correct house," Apolinski told Yahoo News. The lender’s reply?


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