Underwater borrowers are regaining equity, student loan debt is increasing, and FHA may be losing revenue due to decreasing recovery rates, according to the latest report from Black Knight Financial Services. Data as of the end of May 2016 indicate that 425,000 underwater borrowers are breathing easier as usable equity rose by $260 billion in the first quarter of 2016, thanks to improving housing prices, the report said. This translates into a 6 percent increase in ...