Tuesday update: final version of the story.
Yuba County has forever wrestled with an image of being bottom for this and worst at that, but here comes another blow: It's the toughest place in America to be paying a mortgage.
That's from SMR Research in New Jersey. An astounding 77.7 percent of its collective mortgage debt is tied to homes that are worth less than the loan on them.
If Yuba County is the worst in the United States, right behind are the usual suspects: Merced, San Joauin and Stanislaus counties, followed by Clark County, Nev. (Las Vegas).
Here's an advance peek at chart material running with the story tomorrow:
County % mortgage debt tied to % of borrowers "underwater" "underwater" homes
Yuba 77.1% 60.3%
Sutter 69.3% 51.3%
Sacramento 65.4% 50.1%
Placer 49.5% 34.6%
Yolo 48.4% 33.9%
El Dorado 39.2% 24.4%
Source: SMR Research


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