July 23, 2014 | Updated 12:00am

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Monday, May 5, 2014, 11:22am

Black Knight: Only 1 In 10 U.S. Homeowners Underwater

The rise in housing prices since the recovery began two years ago has lifted the vast majority of homeowners back into the black, with only 10 percent now underwater on their mortgage as of March 2014, according to a new report from Black Knight Financial Services.

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