Claim: "More than a quarter of mortgage borrowers are underwater, and 11 percent of all homes are vacant."
Fact-check: Marcia Fudge says 25% of mortgage borrowers are under water and 11% of all homes are vacant
Verdict: half-true
Organisation: PolitiFact
Author: Sabrina Eaton
Date published: 2012-01-12T00:00:00