A life preserver for underwater homeowners

Perspective: The win-win potential of equity-sharing

Depending on the source you choose to believe, there are estimated to be more than 15 million homeowners in this country who owe more than their home is currently worth.

Rather than debate what the exact number of "underwater" properties may be, the reality is there were a lot of homebuyers back in 2004-06 who bet that home prices would continue to climb and a host of misguided lenders and investors that were ready and willing to take that wager.